Stmnt re Share Price Movement

Aurum Mining PLC
21 February 2007


                                                           21 February 2007


                                AURUM MINING PLC

                           ('Aurum' or 'the Company')


                              Share price movement


Aurum notes the recent press speculation and share price movement and announces
that it is in advanced negotiations which, if concluded successfully, would lead
to the completion of a placing of new ordinary shares.  The Company will update
the market in due course.



For further information:
Aurum Mining plc                                         Tel: [phone]
Mark Jones, Chief Executive
Chris Eadie, Chief Financial Officer

Arbuthnot Securities                                     Tel: [phone]
Graham Swindells
John Toll

Buchanan Communications                                  Tel: [phone]
Mark Court / Rebecca Skye Dietrich








                      This information is provided by RNS
            The company news service from the London Stock Exchange