TIDMANGM

RNS Number : 2988W

Angel Mining PLC

24 January 2013

24 January 2013

ANGEL MINING PLC

("Angel Mining" or the "Company", AIM: ANGM)

Suspension to trading on AIM

The board of Angel Mining plc announces that it requested a suspension of trading in its shares on AIM. Following demands from a creditor for a payment that the Company could not meet and the threat to issue a winding-up petition, the Company has today filed an intention to appoint an administrator. The Company continues to work with its finance providers in seeking a financial restructuring. Should the Company not be able to agree a restructuring with its creditors within the next ten days, the appointment of an administrator will become effective. The Company expects to make further announcements in due course.

Enquiries:

 
 Angel Mining plc 
  Nicholas Hall, Chief Executive 
   Officer                              07931 709 053 
  Kevin McNair, Chief Financial 
   Officer                               07900 690 908 
 Fox-Davies Capital (Broker) 
  Daniel Fox-Davies/Simon Leathers       0203 463 5000 
 
 Bishopsgate Communications Limited 
  Nick Rome                              0207 562 3350

This information is provided by RNS

The company news service from the London Stock Exchange

END

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