AIM Admission

Amur Minerals Corporation
15 March 2006



15th March 2006


                           Amur Minerals Corporation

                                  (TIDM: AMC)


                          Placing and Admission to AIM


Amur Minerals Corporation ('Amur' or 'the Company'), a nickel copper exploration
company with assets in far east Russia, was admitted to AIM today (TIDM: AMC)
following a Placing of 12.36 million new Ordinary Shares at a price of 33p per
Ordinary Share ('the Placing') to raise approximately £4.1m gross, giving the
Company a market capitalisation of approximately £28.4m at the Placing price.
Nabarro Wells & Co. Limited is acting as Nominated Adviser to the Company and
Fox-Davies Capital Limited is the Broker.

Placing Statistics

Placing Price                                                                33p

Number of Ordinary Shares in issue immediately 
prior to Admission                                                    59,651,600

Number of Ordinary Shares being issued pursuant to the 
exercise or waiver of the existing Warrants                           14,187,952

Number of Placing Shares                                              12,364,386

Number of Ordinary Shares in issue immediately following Admission 
(including the Placing Shares)                                        86,203,938

Placing Shares as a percentage of the Enlarged Share Capital               14.3%

Market capitalisation of the Company at the Placing Price on Admission    £28.4m

Estimated net proceeds of the Placing receivable by the Company            £3.2m



Assets

The Group's principal asset is the 100% owned Kun-Manie exploration licence, a
nickel-copper-PGM deposit located in the Amur Province in the far east of the
Russian Federation.  The Kun-Manie licence area is approximately 950 km(2) and
is located 700 km northeast of the capital city of Blagoveshchensk and is 750km
north of the Chinese border. In April 2004 ZAO Kun-Manie, a wholly owned
subsidiary of Amur, was granted a licence to explore for nickel and related
metals, including copper and platinum, in respect of the Kun-Manie licence.


Work carried out to date on the Kun-Manie licence including diamond core
drilling, trenching and geological mapping has identified three mineralised
targets, the Vodorazdelny, Ikenskoe and Falcon zones each of which warrant
further exploration.  To date some 2% of the licence has been explored in detail
following which Indicated and Inferred resources have been identified in the
Vodorazdelny and Ikenskoe zones. These total some 46.1Mt at a mean grade of
0.45% nickel, giving 209,000 tonnes of contained nickel; 0.13% copper, giving
58,500 tonnes of contained copper; 0.1g/t platinum giving 6,400kg of contained
platinum and 0.2g/t palladium giving 7,200kg of contained palladium.


Vodorazdelny, Ikenskoe and Falcon are contained near the middle of the 40 km
long by 2 km wide Krumkon Trend, which runs east to west through the Kun-Manie
licence area.  The deposits are located in a six km long zone which has the
highest density of exploration information and work post listing will focus on
in-fill diamond core drilling and undertaking other works necessary to apply to
the Russian State Committee for Reserves to classify a portion of the deposit as
C2 according the Russian reserve classification system.


The Krumkon Trend contains the primary exploration targets of Amur and the
density of exploration within this trend varies significantly with further
exploration targets having been identified:


  • Preliminary exploration has identified three additional targets: the Maly
    Krumkon, Chornie Ispelene and Kubuk. Geochemical sampling and trenching
    indicates the presence of anomalous nickel and copper values.
  • Further additional outcrops containing anomalous nickel and copper values
    as defined by geochemical and stream sediment sampling have been identified.
    Additional exploration is required to determine if the areas represent
    additional exploration targets.
  • Excluding the Krumkon Trend, approximately 60 to 70 per cent. of the
    licence area contains anomalous nickel values (>0.05% Ni) as defined by
    stream sediment sampling. Further exploration of this extensive area also
    remains to be undertaken.


The proceeds of the Placing will be used to continue in-fill diamond drilling at
Vodorazdelny, Ikenskoe and Falcon.  In addition, the Company intends to drill a
number of holes in the Maly Krumkon target to the west of Vodorazdelny.   This
level of direct expenditure of Kun-Manie field work will be designed to leave
room for investment into a pre-feasibility study for Kun-Manie as well as
providing the flexibility to pursue new projects.


Management Team


Amur benefits from a strong Board of Directors and key executives that have
established contacts within the community of geologists in the far east of the
Russian Federation.  Leading Amur is Chief Executive Robin Young, who has
extensive experience in developing exploration assets through to production in
the CIS and elsewhere, having worked in Russia since 1991. Chief Financial
Officer David Wood has over 16 years of corporate finance advisory experience
with over ten of those in the CIS.  Non-executive Chairman Robert Schafer has 29
years of experience in the minerals resources industry  working principally in
the international sector, including the far east of Russia.


Robin Young, CEO, commented: 'This offering is a milestone for Amur Minerals. It
will place us on the radar screen of AIM market investors who are familiar with
how mining companies set their strategies and do business. The funds invested
will support our development of the nickel, copper and platinum-group metals
resources in the Kun-Manie field, in Russia's Amur province.


'With the combination of our strong Board and management team, the right
partners, access to promising mineral resources and appropriate initial
financing, we look forward to the future with both enthusiasm and confidence.'


Enquiries:


Amur Minerals Corp.              Nabarro Wells & Co. Limited        Parkgreen Communications
Robin Young                      John Wilkes                        Justine Howarth / Victoria Thomas
CEO                              Director
[phone]             [phone]               [phone]

Notes to Editors


Exploration Overview


To date, exploration of the licence area has been completed in three phases.
These include:


  • Historical work undertaken post World War II by various Soviet State
    agencies including reconnaissance airborne geophysics, geological mapping
    and geochemical sampling.  Results identified that the region contained
    significant areas of anomalous nickel and cobalt values warranting
    additional exploration.
  • From 1999 to 2002, Falconbridge (a TSX and NYSE listed company) conducted
    a review of available results and reconnaissance exploration work. It
    identified the Kun-Manie area as an area of merit and acquired an
    exploration licence in the area. Subsequently, it conducted additional
    exploration including geochemical sampling, trenching and diamond core
    drilling within a six kilometre length of the Krumkon Trend. In 2002,
    Falconbridge relinquished the licence.
  • In 2004, ZAO Kun-Manie was granted a new exploration licence for the area
    based on existing exploration information available from the Geology Fund of
    the Russian Federation. It has, in two field seasons, completed an extensive
    amount of airborne geophysics, geological mapping, geochemical sampling,
    trenching and diamond core drilling. In addition preliminary metallurgical
    test work has been conducted and environmental base line studies have been
    initiated.


Management


Robert William Schafer, aged 52, Non-Executive Chairman

Mr. Schafer has 29 years of experience in the mineral industry, working in the
international sector with both major and junior mining companies. He is
currently Vice President, Business Development with Hunter Dickinson Inc., a
globally-active private natural resources corporation. Prior to joining Hunter
Dickinson Inc. in 2004, Mr. Schafer was the Chief Executive of two junior
exploration  companies listed on the Toronto Venture Exchange. Between 1996 and
2002 he was the Vice President of Exploration for Kinross Gold Corporation. He
held senior exploration management positions with both BHP World Minerals and
Billiton Exploration during the 1980's and early 1990's.


Throughout his career Mr. Schafer has worked internationally, with notable
experience in the far east of Russia, Southern Africa, South America and
Australia. His work has included the structuring and implementation of
successful exploration strategies, project reviews and valuations leading to
acquisitions, and the management of local and expatriate exploration teams
operating in a wide variety of geologic environments.


Currently, Mr. Schafer is the President of the Mining and Metallurgical Society
of America, and sits on the boards of the Society for Mining, Metallurgy and
Exploration, as well as the Prospectors and Developers Association of Canada. He
is a past-president of the Geological Society of Nevada and was a councilor for
the Society of Economic Geologists, a Trustee for the Northwest Mining
Association. He also served on a committee of the National Research Council in
its advisory role to the U.S. Congress on geologic data preservation.


In 2002 the American Institute for Mining, Metallurgical and Petroleum Engineers
presented Robert Schafer with its William Lawrence Saunders Gold Medal for
career achievement.



Robin Jay Young, aged 51, Chief Executive Officer

Mr. Young has 29 years of experience in the mineral resources industry. He has
held positions of increasing responsibility within the exploration, development
and production sectors. Since 1980, he has been involved in the international
sector and has been the Chief Executive Officer of two geological and mining
consultancy companies as well as CEO of the Company since October 2004.

Projects have included the design and management of exploration programmes,
surface and underground mine development, operations management and minerals
resource appraisals. Commodities have typically included precious and base
metals, industrial minerals and energy fuel commodities. He is a Geological
Engineer (cum laude) and is a Qualified Professional Geologist as defined by the
Canadian based exchanges. His work has been used to assist in the listing and
financing of various companies in London and Canada.


Since 1991, Mr. Young has worked extensively throughout the CIS and Eastern
European countries. His work has included the identification of acquisitions,
reviews of exploration programmes, prefeasibility to detailed engineering
studies, mine management and operational reviews with the intent of
restructuring management methods and approaches. Extensive work related to
acquisitions, resource and reserve estimation, mine design, production
scheduling, compilation of economic evaluations, and validation of studies
intended for use in project financing have also been completed under his direct
supervision. He has experience within Slovakia, Kazakhstan, Kyrgyzstan,
Uzbekistan, Russia, Romania, Yugoslavia, and China.


During his time within the CIS he has developed numerous contacts allowing for
project execution and completion. This includes contractor services, local
contacts and national level ministerial contacts as well as direct contacts with
highly placed politicians.


David Fain Wood, aged 38, Chief Financial Officer

Mr. Wood has been Chief Financial Officer of the Company since October 2004, and
has been a consultant to the Company since February 2004. Reflecting the
Company's present requirements,

Mr. Wood has agreed to spend 50 per cent. of his time working for the Group. The
Directors plan to review this agreement in 12 months time, or earlier if
necessary. Mr. Wood has sixteen years of corporate finance advisory experience,
two-thirds of which has been in the former Soviet Union. From 1996 to 2002, he
was a management consultant with Deloitte & Touche in the CIS and led their
management consulting and corporate finance practices in Moscow and Almaty. Mr.
Wood has a Bachelor of Arts (cum laude) from New York University and a Master of
Business Administration from Southern Methodist University. He speaks fluent
Russian and resides in Moscow.


George William O'Neale Eccles, aged 55, Non-Executive Director

Mr. Eccles graduated with a law degree from the London School of Economics and
then trained as a chartered accountant. He became a partner in the London office
of Deloitte Haskins & Sells before moving to Moscow where he was a partner in
Coopers & Lybrand and later in Deloitte & Touche. More recently, he has worked
in Kazakhstan as Chief Operating Officer of the Central Asian-American
Enterprise Fund, a US government sponsored development fund. He is currently non
executive Chairman of Hambledon Mining PLC.


Richard David Straker-Smith, aged 47, Non-Executive Director

Mr. Straker-Smith joined Cross Border Capital in early 1999 having been in the
financial markets since 1980. His previous positions include director at Gerrard
and National plc, manager of proprietary equity book at Gerrard and National and
Head of East Europe and Middle Eastern Equity sales at Baring Securities. He is
currently a senior non-executive director of LTG Technologies Plc and director
of a number of limited companies.


Key Executive

Dr. Vladimir S. Prikhodko, aged 60, General Director of ZAO Kun-Manie

Dr. Prikhodko has served as General Director of the Group's Russian subsidiary
since its founding. Prior to that, he served as a regional manager for Russia
for two Canadian exploration companies. His professional interests and expertise
include magmatic ore deposits (epithermal and mesothermal gold-silver deposits,
magmatic sulphide deposits, Cu-Au porphyry deposits, etc.) and diamond deposits
of various affinity and origin. He is credited with a discovery of the first
lamproite within Amur Craton in Far East Russia. He graduated from Novosibirsk
State University with a degree in Economic Geology and a doctorate from
Khabarovsk Institute of Tectonics and Geophysics.


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            The company news service from the London Stock Exchange