Share Placement

Amur Minerals Corporation
23 April 2007


23 April 2006

                           Amur Minerals Corporation
                           ('Amur' or 'the Company')


         Placing of 15.5million ordinary shares to raise £2.79 million
                                (the 'Placing')


Amur Minerals Corporation ('Amur' or the 'Company') has raised £2.79 million by
way of a placing of 15.5 million ordinary shares (the 'Placing Shares') at 18p
('Placing Price'). Fox-Davies Capital Limited has, as co-broker for the Company,
procured the subscribers for the placing.


Amur intends to use the proceeds of the Placing to fund the ongoing exploration
and development work at Kun-Manie, the Company's main nickel exploration project
in the Amur region of Far East Russia, as well as for initial field work on the
recently acquired Anadjakan and Kustakskaya licences. The Company will also
continue to pursue new projects, with a particular emphasis on those that have
the potential to provide near-term production.


The Placing Shares will represent 17.98 per cent. of the existing issued share
capital of the Company. The Placing Price of 18 pence per share represents a 6.5
per cent. discount to the middle market closing price of 19.25 pence per share
on 9 March 2007 (the last trading day prior to the announcement that the Company
was seeking to undertake a private placement) and a discount of 2.7 per cent. to
the intended price of 18.5 pence as announced on 12 March 2007. Following the
admission of the Placing Shares to trading on AIM, the Company will have
101,703,938 shares in issue.


Application has been made to the London Stock Exchange for the Placing Shares to
be admitted to trading on AIM. It is expected that Admission will become
effective and that trading will commence on 27 April 2007. The Placing Shares
will, when issued and fully paid, rank pari passu in all respects with the
Company's existing shares, including the right to receive any dividend or other
distribution thereafter declared, made or paid.


Robin Young, CEO of Amur, stated: 'The funds from this placing will help us to
accelerate the next stages of exploration and studies on our main licence area,
and will help to speed up the continuing work on our newer licence areas and
drilling targets. We look forward to updating the market in the near future with
the progress made during the upcoming field season.'


Enquiries:

Amur Minerals Corp.     Co-Broker              Nomad and Co-Broker        Public Relations
                                    
                        Fox-Davies Capital     RBC Capital                Parkgreen
                        Limited                Markets                    Communications
Robin Young             Daniel Fox-Davies      Andrew Smith               Victoria Thomas
CEO                                            Martin Eales

[phone]    [phone]   [phone]       [phone]
         
                                         


Notes to Editors


About Amur Minerals

Amur's principal asset is the 100% owned Kun-Manie exploration licence, a
nickel-copper 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 four mineralised
targets; the Vodorazdelny, Ikenskoe, Maly Krumkon and Falcon zones, three of
which warrant further exploration as the limits of the mineralisation have not
been identified. The four zones are located within a 15 kilometre long segment
of the 40 kilometre long Krumkon Trend. This trend is the primary exploration
target within the licence area. An additional three targets identified as
Chornie Ispelene, Yan Hegd and Kubuk (also referred to as Ata) have been
identified as additional drill targets. Chornie Ispelene and Kubuk lie within
the trend whilst Yan Hegd is located approximately 8 kilometres to its north.
Approximately 50% of the Krumkon Trend remains to be examined by reconnaissance
work where existing Soviet data indicates potential exists to identify
additional drill targets.


Exploration drill results have been utilised by SRK Consulting to calculate
resources. These include resources of the Measured, Indicated and Inferred
categories which have been estimated for the deposits of Vodorazdelny, Ikenskoe
and Maly Krumkon. Effective January, 2007, the independently compiled Resource
Estimate consists of a total of 53.3 Mt at a mean grade of 0.48% nickel and
0.14% copper containing 254,500 tonnes of nickel; and 73,000 tonnes of copper.
This is summarised in the following table.


                 SRK Consulting's 2006 Year End Resource Report

===========      ========  ======      ======          =====       ======
Orebody          Tonnage   Ni          Ni              Cu          Cu
                 (Mt)      (%)         (t)             (%)         (t)
===========      ========  ======      ======          =====       ======
Vodorazdelny
Indicated            5.9        0.71          41,800        0.20        11,800

Ikenskoe
Measured             3.7        0.61          22,700        0.16         5,800
Indicated           26.8        0.42         111,300        0.12        32,700
Sub-total           30.5        0.44         134,000        0.13        38,500
Inferred             5.9        0.49          28,700        0.13         7,500
Total Ikenskoe      36.4        0.45         162,700        0.13        46,000

Maly Krumkon
Inferred            11.0        0.45          50,000        0.14        15,200

Total Measured       3.7        0.61          22,700        0.16         5,800
Total Indicated     32.7        0.47         153,100        0.14        44,500
Total Inferred      16.9        0.47          78,700        0.13        22,700
Grand Total         53.3        0.48         254,500        0.14        73,000



Presently, Amur is compiling a prefeasibility study on the Kun-Manie Project to
be completed in the second quarter of 2007. Concurrently, work is also being
conducted on the assembly of a report to be submitted to the State Committee on
Reserves (GKZ). Upon approval, the GKZ shall issue a certificate of 'Discovery'.
This certification allows the Company to continue along the process of
converting portions of the exploration licence into a mining licence.


Immediately to the east of the Kun-Manie licence and across the Amur Oblast and
Khabarovsk Krai border, Amur has acquired the Kustakskaya Project. This 1,034
square kilometre, 25 year exploration and production licence contains two
geological terrains. Each terrain contains a different mineralisation type
target. The southern half of the licence is interpreted to be a continuation of
the Krumkon Trend identified within the Kun-Manie exploration licence. The
northern half of the licence area contains Mesozoic granitic intrusives wherein
historical Russian results indicate the potential for copper, cobalt and minor
nickel to be present. The Company will undertake field exploration of this
licence area in 2008 in accordance with the terms of the licence. Having
recently acquired this licence, the Company places no value on this property.


Amur also controls the Anadjakan gold-copper exploration licence in Kharaborvsk
Krai near the well-infrastructured city of Elban. The Company chooses not to
report any value on this asset until it concludes its comprehensive review of
all information and verifies existing Russian results. The 2007 exploration
programme for this area is designed to check the historical results and define
future drill targets. The exploration of this licence area will begin during the
2007 field season.




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