Statement re Issue of Equity

Aurum Mining PLC
19 January 2006

Aurum Mining plc ('Aurum') or (the 'Company')
19 January 2005



Re: Issue of Equity



Further to the announcement of the Company's interim results dated 23 December
2005, the Board of Aurum have considered the financing opportunities available
to the Company and have decided for the time being to seek debt financing rather
than to pursue a further equity issue.



A further announcement will be made in due course.



Enquiries:


Aurum Mining plc                                       0207 478 9050
Mark Jones, Chief Executive

W.H. Ireland                                           0121 616 2101
Tim Cofman

Buchanan Communications                                0207 466 5000
Mark Court




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