Directorate Change

RNS Number : 2531J

Aurum Mining PLC

08 September 2016

 

8 September 2016

AURUM MINING PLC

("Aurum" or the "Company")

Directorate Change

Aurum Mining plc (AIM: AUR), the Spanish focused gold and tungsten explorer, is pleased to announce the appointment of Christopher Eadie as executive director with immediate effect. Chris will assist with the on-going transformation of the Company with the specific brief of undertaking a strategic review of the Company's mining assets.

As part of the transformation process and in order to keep operating costs to a minimum, Haresh Kanabar will be stepping down from the Company's Board at the Company's Annual General Meeting on 29 September 2016.

David Williams, the Company's Chairman commented: "I am delighted to welcome Chris back onto the Board as we look to develop a new strategy for the Company.

"I would like to thank Haresh for his commitment to the Company over a period of many years and I wish him all the best with his future endeavours."

Mr Eadie, aged 47, previously served on the executive board of the Company between November 2006 and March 2015.

The following details in relation to the appointment of Mr Eadie are disclosed in accordance with Schedule 2(g) of the AIM Rules:

Current directorships	Past directorships held within last five years
Rose Cuba Limited Rose Gypsum Limited Rose Petroleum plc	Aurum Mining plc Chris Eadie Associates Limited

Mr Eadie has an interest in 1,000,001 shares in Aurum representing 0.57 per cent. of the Company's issued share capital.

Contacts:
Aurum Mining plc	www.aurummining.net
David Williams	[phone]
WHIreland Limited	Nominated Adviser & Broker
Mike Coe, Ed Allsopp	[phone]

Notes to Editors:

Aurum Mining is an AIM listed exploration and development company focused on its highly prospective portfolio of gold and tungsten assets in North West Spain.

Gold

Through its joint venture agreement with Ormonde Mining plc (AIM: ORM), Aurum currently has a 56.5% interest in the Pino de Oro project in Zamora Province and a 51.4% interest in the Peralonso and Cabeza projects in Salamanca Province.

Tungsten

Aurum's 20% owned Morille Tungsten project is located approximately 15km south west of Salamanca in North West Spain and covers an area of 5,796 hectares. The permit area is a 'brownfield' site with historical data indicating production from the site of high quality tungsten concentrates.

 

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