Result of AGM

RNS Number : 0610Z

Amur Minerals Corporation

15 September 2009

 



15 September 2009

Amur Minerals Corporation

('Amur' or 'the Company')

AGM Results

Amur announces that at the shareholders' meeting held today in Moscow, resolutions 1-4 were passed and resolution 5, which related to the disapplication of pre-emption rights on the issue of securities for cash, was not passed.  

Enquiries: 

Company Amur Minerals Corp.	Nomad and Co-Broker RBC Capital Markets	Public Relations Lothbury Financial
Robin Young, CEO	Martin Eales	Michael Padley
		Libby Moss
[phone]	[phone]	[phone]

Notes to Editors

Amur Minerals Corporation is a mineral resource development company focused on base metal projects located in the far east of Russia where it has three projects.  It's JORC compliant resource estimate for its flagship Kun-Manie project is 341,000 tonnes of contained nickel and 95,500 tonnes of copper and this is expected to increase as further exploration is completed. This resource, which has been identified and progressed in only 20 months of field work, is one of the largest nickel sulphide discoveries since Voisey's Bay.

An independently compiled pre-feasibility study of Kun-Manie conservatively indicates a Post Tax NPV (10%) of $84 million with an IRR of 15.7%. The study contemplates producing 16,000 tonnes of recoverable nickel per year in concentrate from three deposits drilled to date on the Kun-Manie license as well as noting considerable upside potential.

For further information about Amur, please visit the Company's website

at www.amurminerals.com.

 

END

 

 

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