Result of General Meeting

RNS Number : 6934O

Aurum Mining PLC

11 March 2009

 



11 March 2009

AURUM MINING PLC

('Aurum' or 'the Company')

Result of General Meeting

The Board of the Company announces that at the General Meeting of the Company held earlier today the resolution set out in the notice of general meeting contained in the circular that was sent to shareholders of the Company on 23 February 2009 was duly passed.   The Company will now seek the confirmation of the reduction of capital by the High Court of Justice.   

The record date for the entitlement to the issue of the B shares on which capital is proposed to be returned is 6 p.m. on 31 March 2009 and the court hearing to confirm the reduction of capital is scheduled to take place on 1 April 2009.  The Company remains on track to make a capital payment to Shareholders of 33p per share in April 2009.

For further information: 

Aurum Mining plc	Tel: [phone]
Mark Jones, Chief Executive Officer Chris Eadie, Chief Financial Officer
Arbuthnot Securities	Tel: [phone]
John Prior/James Steel
Buchanan Communications	Tel: [phone]
Mark Court / Rebecca Skye Dietrich

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.

 

END

 

 

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