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[ANGM] Friday, 25 Nov 2011 03:22am EST Announced that it has revised and extended its financing agreement with YA Global Master SPV Ltd (YAGM), advised by Yorkville Advisors UK LLP (Yorkville). On July 28, 2011, the Company announced that it had entered into a promissory note with YAGM up to a maximum value of $3,654,000. The initial drawdown under the note was $1,350,000 and the Company made a subsequent drawdown of $855,000. Following an initial repayment, the outstanding balance of $1,855,000 was due to be repaid by January 15, 2012. The Company has reached an agreement with YAGM whereby the Company will make an immediate repayment of $536,013 through the issue of 25,000,000 new ordinary shares of 1 pence each (Ordinary Shares) shares at a price of 1.37 pence. This payment is comprised of $524,616 of principal and accrued interest of $11,397. Application has been made for the new Ordinary Shares to be admitted to trading on AIM and admission is expected to take place on November 30, 2011. In exchange for the share issue YAGM has agreed to extend the repayment schedule for the promissory note. Under the new schedule, the Company will make a series of payments commencing in March 2012 through to September 2012. Interest on the loan continues to accrue at 4% per annum. 12 December 2011: announce that it has reached an agreement with Cyrus Capital Partners, LP ("Cyrus") and its affiliate, FBC Holdings s.a.r.l with regard to the repayment terms of the short term debt which currently stands at $23.2 million plus accrued interest to 31 December 2011 of $4.8 million. Under the revised terms, the repayment date of the loan is extended from 31 December 2011 until 31 December 2012. Additionally, interest accrued up to 31 December 2011 will be capitalised and not due for repayment until 31 December 2012. The revised terms of this agreement with Cyrus also fulfill the outstanding conditions required of the revised payment schedule recently agreed with YA Global Master SPV Ltd, advised by Yorkville Advisors UK LLP, as announced on 25 November 2011. This is the first step in a more extensive refinancing plan, which is still being developed, to facilitate the financing of the Black Angel project. Nick Hall, CEO of Angel Mining, commented: "Cyrus have supported Angel Mining with the finance to build the Nalunaq Gold Mine, which is now operational and generating cash. Full scale production will not be achieved until early 2012 and the Company is confident that it can meet all existing and future financial commitments from gold sale revenues. We are fortunate to have the support of Cyrus who are providing us with a stable platform from which we can develop our mining projects in Greenland." Capitalization means that an item is recorded as an asset rather than an expense. Capitalized interest is the interest on the borrowing -- for example, a bank loan -- used to finance the construction of a fixed asset, such as a manufacturing facility or an office building. The borrowing could be directly attributable to the construction, or it could be part of other corporate borrowings or it could be both. The interest expenses are added to the fixed asset costs and depreciated or reduced over its useful life.

[ANGM]Much expectation is being priced into the current share price for The Black Angel mine on the west coast of Greenland at 51°14'W and 71°7'N In the 1920s the Danes began mining marble at Marmorilik in the Uummannaq Fiord. The marble was of as high quality as the best Italian Carrara marble. In 1936 the son of a miner found a strange glittery stone near the mine, the family kept it as a curiosity and only in the 1960s was it seen by a visiting geologist who was excited to discover that it was high grade sphalerite/galena with a higher concentration of Lead and Zinc than virtually any found elsewhere in the world. The discovery was followed by exploration that pinpointed the source of the ore to a place across the fiord from the marble quarry, 600m up a sheer cliff and close to a dark shape on the cliff, known to the Inuits for many years as the Black Angel. By 1973 a simple harbour had been established where an old passenger ship served as lodgings for the miners. A cable system transported miners and equipment across the fiord to the newly established mine. The Black Angel mine was born. This was mining at the extremes in one of the most inaccessible places on Earth. In winter, severe winds stopped the cable car and miners could be marooned in the mine with no food, just some tea, coffee and juice. The mine operated between 1973 and 1990 during which time nearly 12 million tonnes of ore was extracted from the mine with average grades of 12% Zn and 4 % Pb. Today Angel Mining has obtained a licence to mine Black Angel and is planning to re-open the mine. There are also plans to undertake extensive exploration of our 259 km2 licence area aimed at the discovery of other significant zinc/lead deposits, which are known to be present in the area. The mine, which is approximately 5 km long, is located inside Black Angel mountain (see photo) and its entrance is on a cliff face 600m above the fjord level (just under the Angel's 'hand'). The old cable car system was removed and we are in the process of installing a new upgraded system for future operations. See spanning the void, a story about the difficulties of installing the car. When the mine was closed in 1990 approximately 2 million tonnes of ore were left behind, mainly in the pillars. Phase One of our operations starts with the extraction of the pillars from the old mine, a complex and difficult operation made more so by the extreme conditions in which we work. We will be guided by Golder Associates, a Canadian-based consultancy who are acknowledged world experts in pillar removal. They undertook the work for the bankable feasibility study which was completed in January 2008. SGS Mineral Services and GBM, have been appointed to work with us to develop the mineral processing and waste handling plant. The extraction of the pillars is expected to last for 5 years and will be followed by Phase Two concentrating on the 'new discoveries' near the mine. The total mine life is expected to exceed 20 years based on current geological data. Tomorrow The most spectacular discovery on the ground was finding an outcrop of massive sulphide uncovered by a retreating glacier. The existence of mineralisation at this location was known, but previously it was covered by 60m of ice. Grab samples taken from the outcrop returned 7% Zn and 2.5% Pb and the drilling results from 2006 and 2007 confirmed these grades. We initially believed that the outcrop was 250m long, but closer examination has revealed that the mineralisation on the surface continues for nearly 850m in almost a straight line, the eastern end disappearing under the glacier. South Lakes Glacier Contrary to what you might think, the South Lakes Glacier is NOT a river of ice pushing towards the sea with all its might and producing huge icebergs. It is in reality a rather pathetic pile of old snow. We call it a 'pancake glacier' - it doesn't reach sea level, lies on a flat terrain and slowly melts away. It is a lame tentacle of the Greenlandic ice cap where the downhill rate of flow of the ice is exceeded by melting, hence the retreat. We have established, from aerial photos, that since 1954 it has retreated nearly 850m, of which some 250m happened in the last decade. In its retreat it revealed an outcrop of massive sulphide - zinc and lead mineralisation. The mineralisation is very distinct, with the sulphides making a brown 'matrix’ in which white marble 'clasts' float. (The darker the colour, the higher the grade). It appears that the actual outcrop may be in a hinge of a fold eroded by the glacial action. The strata on both sides of the outcrop dip in opposite directions. Because this structure is complex we invited two structural geologists to the site (in addition to the 3 resident ones) to help us better understand it. We have put 44 drill holes through this prospect and

[LDP] Since the last results announcement, the affairs of Leed Petroleum have altered dramatically. As described at the interim stage, the oil and gas operations in Louisiana have been sold and US operating activities discontinued. Owing to the worsened position of these activities and the terms on which they could be disposed of, the Company was left in an insolvent position and, following their disposal, the then Directors were planning liquidation of the Company or the appointment of a receiver. Since then, as approved at a General Meeting on 22 June 2011, the Company has undergone a rescue refinancing raising some £2.435 million following a capital reconstruction and has become an investing company under the AIM Rules. Since the announcement of the interim results, the entire board, with the exception of Ian Gibbs, has resigned, while giving their support to the reconstruction and refinancing, and I have become Chairman. The focus of the Company is now investment in resource projects, with a view in due course to the reversal of a sizeable resource project or business into the Company. We have made one such investment since the end of the financial year in a coking coal project in the Kyrgyz Republic, further details of which will be given below, and we are currently reviewing a number of other opportunities. The reasons for the adverse production performance in the Company’s oil operations and the failure to meet a principal payment of $12.0 million against its credit facility with UniCredit Bank AG were explained in the Company’s last Interim Statement for the six months to 31 December 2010; I do not propose to repeat these reasons here. As the Company was unable to make a principal payment by the due date of 31 March 2011, UniCredit Bank AG decided to pursue a near term sale of the Company’s oil and gas assets with the proceeds being applied against the Company’s outstanding borrowings. This was reflected in the interim financial statements to 31 December 2010 which were prepared on a non going concern basis. On 18 April 2011 a trustee was appointed to dispose of the assets of Leed Petroleum LLC on behalf of the creditors, principally UniCredit Bank AG. On 23 May 2011, the Company announced that Leed Petroleum LLC had sold all its oil and gas assets to a private company for $16.0 million, constituting a sale of substantially all of the assets of the Company with all of the proceeds of the sale being used to satisfy debt owed to UniCredit Bank AG. The restructuring and refinancing subsequently announced and approved involved the issue of £2,435,000 of zero coupon convertible loan notes, all of which were converted into new 0.1p shares following the approval of the proposals at a General Meeting on 22 June 2011, following which I joined the Board as Chairman. The Company was then reclassified as an investing company under the AIM Rules with a focus on investment in companies operating in the natural resources sector, with an initial but not exclusive focus on oil and gas projects located in Africa. Since this date the new Board has since reviewed a number of such projects but, for a variety of reasons, has found them unsuitable. Your new Board has therefore concluded that this focus was too narrow and that projects of the size and type that had been presented, being mainly at the exploration stage, represented a higher degree of risk and required a larger eventual capital outlay than in present market conditions the Board considered it prudent to commit to. It has therefore decided to extend its attention to mineral projects more generally where it was felt that the risks and potential capital cost were more in line with the Company’s resources. The Board has reviewed a number of such projects and has in fact made a first investment – in a coal development project in the Kyrgyz Republic. In September 2011, the Company acquired a 17.5% interest in Manas Coal Limited Liability Company, incorporated in the Kyrgyz Republic, for a consideration of £750,000 plus a deferred consideration, subject to the satisfaction of certain conditions, of 166,666,667 new ordinary shares in Leed plus the same number of warrants at 0.15p; these conditions were recently satisfied and the additional consideration has consequently now been issued. Leed has the right to participate in future funding rounds and, in the event of an offer to purchase Manas, Leed has the right of first refusal itself to acquire the balance of Manas at a price not less than the highest price otherwise offered. Further details of this transaction are given in the Directors’ report and note 31 (Post year end events) of these accounts. Manas is engaged in the exploration and development of coking coal resources in the Kyrgyz Republic and has a licence for geological exploration in the Eastern Kokkia area of the Kyrgyz Republic in a licence area where

[SNS] Announced today that a top ten U.S. bank selected Silanis Technology Inc. the leader in enterprise e-signature solutions with the largest e-signature deployments, to meet its enterprise e-signature needs. This competitive win represents the third "Top 10" North American bank Silanis has secured as a customer in the past nine months, confirming Silanis as the standard for enterprise e-signatures in financial services. Silanis' e-Sign Enterprise Platform includes flexibility in system and process design to address a bank's current and future needs; enterprise architecture to scale in terms of volume of transactions processed; and strong electronic evidence. "E-signatures have become the linchpin in moving complex transactions online and in capturing the strongest legal evidence in highly regulated industries such as banking, insurance, and government" says Tommy Petrogiannis, Chief Executive Officer and co-founder of Silanis. Fully compliant with the federal E-SIGN law, [SNS] e-signature enterprise solution eliminates the human processing errors that often occur in manual, paper-based processes. The transaction is kept electronic from start to finish so that the enforcement of business rules can be automated at both the process and document level - meaning that documents are presented to the customer in the proper sequence, and that all of the required data, signatures and initials are captured. This greatly improves customer experience since there is no room for errors such as forgotten or missed signatures/initials that afterwards can cause delays and frustration, or for delays caused by documents-in-transit that can invalidate the process. Equally important, one of the solution's unique features, the Silanis Process Reviewer™, protects both the borrower and the bank by capturing electronic evidence of every web page and document presented to the borrower during the transaction; the order in which all actions took place; and the amount of time spent on each web screen. This electronic evidence is uniquely linked to the final e-signed documents and can be reliably reproduced afterwards as needed.

[SNS] The Company (AIM: SNS) announced today that the United States Joint Chiefs of Staff ("JCS"), located at the Pentagon, Washington, DC, have expanded their use of the e-signature solution provided by Silanis Technology Inc., ("Silanis"), the leader in enterprise e-signature solutions with the largest e-signature deployments. After more than 14 years using Silanis' client-side e-signature solution, the JCS has expanded its use to include personnel from the United States Joint Forces Command who have now merged with the JCS. This expansion more than doubles the number of original users. As the Armed Forces executes on Base Re-Alignment and Closure orders to close excess military installations to reduce expenditures and increase efficiency, automated solutions like e-signatures help merge standard operating procedures and other important communication protocols to minimize the impact on personnel and overall operations. "We are proud to be part of the longest running implementation of e-signatures among any US government organization. Today's expansion of our solution's use by the US Joint Chiefs of Staff is a testament to the security, reliability and robust audit trail capabilities of Silanis' technology," said Tommy Petrogiannis, C.E.O. and co-founder of Silanis. "Since 1997, Silanis' e-signatures have accelerated work processes and helped to create an entirely paperless work environment for the organization's Joint Staff Action Processing Program. Given the confidentiality and significance of many of the documents being created by the generals and directors of the department, Silanis has also assured the security of signatures and authenticity of all online documentation." All JCS action requests, documents and forms are electronically signed and authenticated with Silanis' solution. The entire JCS organization is benefiting from the cost and time savings associated with a paperless work environment. Silanis' signature security, document authentication, and workflow automation capabilities are an invaluable part of the JCS's day-to-day work processes. About Silanis Silanis is the most widely used e-signature solution in the world, processing over 600 million documents annually. Since the company was founded in 1992, our solutions have strengthened the business processes of thousands of organizations, including four of the top North American banks, five of the top 10 insurance companies and the entire US Army, among others. Companies and government organizations around the globe depend on Silanis to accelerate business transactions, improve customer experience and reduce costs while improving compliance with legal and regulatory requirements. Silanis' on-premise, cloud and SaaS e-signature solutions eliminate manual, paper-based processing and enable e-commerce and e-government transactions to be electronically executed from start to finish.

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