Sale of Andash Stake - Update

RNS Number : 5451K
Aurum Mining PLC
21 April 2010
 



For Immediate release

21 April 2010

 

AURUM MINING PLC

("Aurum" or "the Company")

 

10% Andash disposal update

 

Aurum Mining plc (AIM: AUR) announces that following recent events in Kyrgyzstan, the agreement under which Kentor Gold Limited ("Kentor'') was to acquire Aurum's remaining 10% interest in the Andash Project has been terminated.

 

It is still the intention of both parties to complete the sale as soon as possible and to this end Kentor and Aurum are working on a revised Sale and Purchase agreement that fully reflects recent events in Kyrgyzstan.

 

For further information:

 

Aurum Mining plc

Tel: 020 7499 4000

Mark Jones, Chief Executive

Chris Eadie, Chief Financial Officer

 

 

 

Arbuthnot Securities

Tel: 020 7012 2000

John Prior

 

Richard Johnson

 

 


This information is provided by RNS
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