Aurum Mining PLC
29 March 2007
For immediate release 29 March 2007
AURUM MINING PLC
('Aurum' or 'the Company')
Additional Listing
Aurum Mining plc (AIM: AUR) is pleased to announce that application has been
made for the admission to trading on AIM of 2,664,396 ordinary shares of 1p each
('Shares') in the Company, pursuant to the conversion of the remaining
outstanding £847,000 nominal of the Company's Secured Convertible Loan Note 2009
and associated accrued interest. Upon issue, the Shares will rank pari passu
with the Company's existing issued ordinary shares, and dealings in the Shares
are expected to commence on 30 March 2007.
Following admission of the Shares, Sean Finlay, Non-Executive Chairman, and Mark
Jones, Chief Executive Officer, will be interested in an additional 62,721 and
313,612 Shares respectively. Mr Finlay's total resultant holding will be 312,721
Shares, representing approximately 0.69 per cent. of the Company's issued
ordinary share capital, and Mr Jones's total resultant holding will be 313,612
Shares, representing approximately 0.70 per cent. of the Company's issued
ordinary share capital.
Upon admission, the Company's enlarged issued share capital will comprise
45,467,005 ordinary shares with voting rights. The Company does not hold any
shares in treasury. This figure of 45,467,005 ordinary shares may be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the FSA's
Disclosure and Transparency Rules.
For further information:
Aurum Mining plc Tel: 020 7478 9050
Mark Jones, Chief Executive Officer
Chris Eadie, Chief Financial Officer
Arbuthnot Securities Tel: 020 7012 2000
Graham Swindells
John Toll
Buchanan Communications Tel: 020 7466 5000
Mark Court / Rebecca Skye Dietrich
Notes to editors
Aurum Mining, which joined the AIM market of the London Stock Exchange in May
2004, is a mining company focussed on gold opportunities in the Former Soviet
Union. Its principal asset is an exploration licence over the Andash gold and
copper project in the Kyrgyz Republic. A mining licence for Andash Zone 1 was
awarded by the Kyrgyz authorities in 2006. The bankable feasibility study
compiled by Wardell Armstrong International, also in 2006, confirmed a measured
and indicated resource base of 19.2 million tonnes at 1.1 grams per tonne of
gold and 0.4% copper, which equates to 1.1 million ozs of gold and gold
equivalent. Initial production at Andash Zone 1 is expected in 2008. The Andash
project also includes Zone 2 and Zone 3 along with Tokhtonysay, Nakhodka and
three other additional exploration areas.
This information is provided by RNS
The company news service from the London Stock Exchange
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