Result of General Meeting

Aurum Mining PLC
31 January 2005


For immediate release                                      31 January 2005




                                Aurum Mining plc

                           ('Aurum' or 'the Company')

                    Result of Extraordinary General Meeting



Aurum Mining plc (AIM: AUR), a company formed last year to acquire gold and
other mineral extraction projects in the Former Soviet Union (FSU), is pleased
to announce that all of the resolutions put before the Extraordinary General
Meeting held today were duly passed. Accordingly the Placing Shares and Initial
Consideration Shares have been conditionally allotted subject to Admission,
which is expected to occur on 1 February 2005.



Upon Admission, the members of the Concert Party will own approximately 30 per
cent of the Enlarged Share Capital. On issue of the Deferred Consideration
Shares and on exercise of options held by members of the Concert Party this
interest could increase further to 49 per cent.





For further information:


Aurum Mining plc                                              Tel: [phone]
Haresh Kanabar


W H Ireland                                                  Tel: [phone]
Tim Cofman

Buchanan Communications                                      Tel: [phone]
Mark Court/Charlie Howard




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