Shearwater Group plcLSE: SWG

Completion of Andash Buyback

· Issued by Shearwater Group plc
RNS Number : 0232H
Aurum Mining PLC
11 February 2010
 

For Immediate Release

11 February 2010

AURUM MINING PLC

("Aurum" or "the Company")

Acquisition of 10% stake in the Andash asset in the Kyrgyz Republic

Aurum Mining plc (AIM: AUR) is pleased to announce that, further to its announcement on 22 December 2009, the Company has now completed the transaction to buyback a 10% stake in the Andash asset from Investcenter Talas LLC (ITL).

As previously outlined, the Andash asset is now owned 80% by Kentor Gold Ltd with Aurum and ITL owning 10% each.

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
The company news service from the London Stock Exchange
 
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