Aurum Mining PLC Issue of Equity (0431M)
October 10 2016 - 2:02AM
UK Regulatory
TIDMAUR
RNS Number : 0431M
Aurum Mining PLC
10 October 2016
10 October 2016
AURUM MINING PLC
("Aurum" or the "Company")
Issue of equity
Aurum Mining plc (AIM: AUR), the Spanish focused gold and
tungsten explorer, announces that it has issued and allotted
2,400,000 Ordinary Shares of 1 pence each in settlement of services
received from a professional adviser.
Application for admission to trading on AIM of the 2,400,000 new
Ordinary Shares being issued will be made and admission is expected
to take place on 13 October 2016.
In accordance with the provisions of the Disclosure Guidance and
Transparency Rules of the FCA, the Company confirms that, following
the Placing, its issued share capital will comprise 296,250,286
Ordinary Shares of 1 pence each. All Ordinary Shares shall have
equal voting rights and none of the Ordinary Shares are held in
treasury. The total number of voting rights in the Company
immediately following Admission will therefore be 296,250,286.
Contacts:
Aurum Mining plc www.aurummining.net
David Williams +44 (0) 797 014 8016
Chris Eadie +44 (0) 796 820 9298
WH Ireland Limited Nominated Adviser &
Broker
Mike Coe, Ed Allsopp +44 (0) 117 945 3470
Powerscourt aurum@powerscourt-group.com
Ben Griffiths, Andy
Jones +44 (0)20 7250 1446
Notes to Editors:
Aurum Mining is an AIM listed exploration and development
company focused on its highly prospective portfolio of gold and
tungsten assets in North West Spain.
Gold
Through its joint venture agreement with Ormonde Mining plc
(AIM: ORM), Aurum currently has a 56.5% interest in the Pino de Oro
project in Zamora Province and a 51.4% interest in the Peralonso
and Cabeza projects in Salamanca Province.
Tungsten
Aurum's 20% owned Morille Tungsten project is located
approximately 15km south west of Salamanca in North West Spain and
covers an area of 5,796 hectares. The permit area is a 'brownfield'
site with historical data indicating production from the site of
high quality tungsten concentrates.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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