Result of AGM

RNS Number : 2270L

Aurum Mining PLC

29 September 2016

 

29 September 2016

AURUM MINING PLC

("Aurum" or the "Company")

Result of AGM

Aurum Mining plc (AIM: AUR), the Spanish focused gold and tungsten explorer, announces that at the Company's Annual General Meeting held on 29 September 2016, all resolutions put to the meeting were duly passed.  Accordingly, the placing announced on 21 September 2016 is expected to complete, conditional on Admission, on 30 September 2016.

Application for admission to trading on AIM of the 119,500,000 new Ordinary Shares being issued pursuant to the placing has been made and admission is expected to take place on 30 September 2016. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue.

In accordance with the provisions of the Disclosure Guidance and Transparency Rules of the FCA, the Company confirms that, following the Placing, its issued share capital will comprise 293,850,286 Ordinary Shares of 1 pence each. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 293,850,286.

Contacts:
Aurum Mining plc	www.aurummining.net
David Williams	[phone]
Chris Eadie	[phone]
WH Ireland 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.

 

END

 

 

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