Posting of Circular
For immediate release | 23 February 2009 |
AURUM MINING PLC
("Aurum Mining" or "the Company")
Posting of Circular
Further to its announcement on 20 February 2009, Aurum Mining plc (AIM: AUR), the gold mining company focussed on the Former Soviet Union (FSU) and whose principal asset is the Andash Project in the Kyrgyz Republic, announces that it has today sent a circular to Shareholders containing a notice of General Meeting, to be held at 11.00 a.m. on 11 March 2009, at which shareholder approval will be sought for a capital repayment to Shareholders of 33p per share.
A copy of the circular and notice of General Meeting can be found on the Company's website, www.aurummining.net
For further information:
Aurum Mining plc | Tel: 020 7478 9050 |
Mark Jones, Chief Executive Officer Chris Eadie, Chief Financial Officer |
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Arbuthnot Securities | Tel: 020 7012 2000 |
John Prior/James Steel |
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Notes to editors
Aurum Mining, which joined the AIM market of the London Stock Exchange in May 2004, is a mining company focused on gold opportunities in the Former Soviet Union. Its principal asset is an exploration licence over the Andash gold and copper project in the Kyrgyz Republic. A mining licence for Andash Zone 1 was awarded by the Kyrgyz authorities in 2006. The feasibility study compiled by Wardell Armstrong International, also in 2006, confirmed a measured and indicated resource base of 19.2 million tonnes at 1.1 grams per tonne of gold and 0.4% copper, which equates to 1.1 million ozs of gold and gold equivalent. The Andash project also includes Zone 2 and Zone 3 along with Tokhtonysay, Nakhodka and three other additional exploration areas.