Vane Minerals PLC
16 January 2006
16 January 2006
VANE Minerals Plc (AIM: VML)
Change of Advisers
VANE Minerals ('VANE' or 'the Company') is pleased to announce that it has
appointed Ambrian Partners Limited as nominated adviser and Daniel Stewart & Co
and Ambrian Partners Limited as joint broker to the Company with immediate
effect.
About VANE Minerals:
VANE Minerals was founded by the former international exploration team of
Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of
copper and gold. The team negotiated exclusive access to Freeport McMoRan's
global exploration database, made up of 7,000 plus files generated over nearly
100 years of exploration and, following the review of these files, VANE is
ideally placed to capitalise on project acquisition opportunities. The Company
has assembled a highly qualified and experienced management team with a proven
track record in exploration and development, who have spent their entire careers
searching for and defining large scale mineral deposits.
The Company's principal objective, as set out at the time of its listing in June
2004, is to be a self-funding exploration company. As such, the initial focus
has been to identify high grade gold-silver projects which can be brought into
production as quickly as possible in order to provide revenue towards funding
the development of potentially much larger projects. VANE is well on its way to
achieving this objective as production began at the Diablito mine in Mexico in
November 2005. The Company will use the revenue generated by this first
producing mine to help fund development work across its attractive portfolio of
gold, silver, copper and uranium assets in Mexico, Paraguay and the US.
For further information, please review: www.vaneminerals.com.
Enquiries:
VANE Minerals Plc Ambrian Partners Limited
Matthew Idiens Richard Brown
+44 (0) 20 7667 6322 +44 (0) 20 7776 6417
Parkgreen Communications Daniel Stewart & Co
Justine Howarth / Cathy Malins Alex Davies
+44 (0) 20 7493 3713 +44 (0)20 7776 6550
This information is provided by RNS
The company news service from the London Stock Exchange
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