Directorate Change

RNS Number : 0397M

Aurum Mining PLC

10 October 2016

 

10 October 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 Robin Simon Southwell OBE as Non-executive Director with immediate effect.

Mr Southwell, aged 56, has over 35 years' experience of working in the Aerospace & Defence industry, including roles as Chief Executive of Airbus UK and Airtanker Ltd, as well as senior positions at BAE Systems, which included running their operations in Australasia and establishing the company's asset management organisation. Mr Southwell is a Fellow of the Royal Aeronautical Society and has been appointed as a UK Business Ambassador.

David Williams, Chairman, commented: "It is great that we have been able to attract Robin onto our board. His broad range of skills and contact base, both nationally and internationally will compliment those of Mo Stevens, who joined our board last week.  I have promised our shareholders that we will be looking for a transformational deal and having access to the contact base these gentlemen have, will make my task that much easier."

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

Current directorships

Past directorships held within the last five years

CGA Sandown Limited Cherwell Films LLP Claremont Film Distribution, LLP Concord Filing Products Limited Curo Charlotte House LLP Curo Queen Street LLP David Linley & Co Limited Fairmile Court (Cobham) Management Company Limited Farnborough International Limited Parkside School Trust The Invicta Film Partnership No.20, LLP The Invicta Film Partnership No.23, LLP The Invicta Film Partnership No.9, LLP The Joondalup Film Limited Liability Partnership Zeus Films LLP

Air League Enterprises Limited Airbase Flight Support Limited Airbase Holdings Limited Airbase Interiors Limited Airbus DS Limited Airbus Group Limited Cassidian Cybersecurity Limited Cassidian Holdings Limited Chambre de commerce Francaise de Grande-Bretagne Limited China Delta Export Limited Core Enterprise Management Limited Core SPV1 LLP Eclipse Film Partners No. 20 LLP On Air Dining Limited Quayside Corporate Services Limited RIG (Number 2) Limited Sierra Nevada UK Limited Spherea Test & Services Ltd The BE Collective Ltd

Mr Southwell has an option over 10,000,000 Ordinary Shares, exercisable at 1p, representing 3.40 per cent. of the Company's current issued share capital.

In relation to Schedule 2(g) (v) of the AIM Rules, Mr Southwell was a Non-executive director of two companies which are in liquidation:

Concord Filing Products Limited.  The Statement of affairs dated 10 June 2014 estimate the total deficiency as regards members to be £2,763,356.

Corporate Jet Realisations Limited.  The Statement of affairs dated 11 February 2008 estimate the total deficiency as regards members to be £52,891,080.

There are no other disclosures in accordance with Schedule 2(g) of the AIM Rules.

Contacts:
Aurum Mining plc	www.aurummining.net
David Williams Chris Eadie	[phone] [phone]
WH Ireland Limited	Nominated Adviser & Broker
Mike Coe, Ed Allsopp	[phone]
Powerscourt	[e-mail]
Ben Griffiths, Andy Jones	[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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