Griffin Mining Regulatory News (GFM)

22 Jun 2006 07:30

Griffin Mining Ld22 June 2006 GRIFFIN MINING LIMITED 60 St James's Street, London SW1A 1LE, United Kingdom Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773 E mail: griffin@griffinmining.com 22nd JUNE 2006 SHARE BUY BACK The directors of Griffin Mining Limited ("Griffin" or the "Company") have passeda board resolution authorising the Company to purchase its own shares on market. Primarily, the cash resources of the Company will be dedicated to furtherdeveloping and exploring the current operations and any other opportunities thatmay become available. Nevertheless the Directors will exercise the Company'sright to acquire shares in itself, when they deem appropriate and at such timethat the share price and cash available determine that such a purchase will beeconomically and commercially viable for the Company. The purchase of the Company's shares will not preclude the consideration of anyfuture dividend payments. Further information Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772Roger Goodwin - Finance DirectorGriffin Mining Limited Adrian Hadden / Christopher Rollason Telephone: +44(0)20 7523 8350Collins Stewart Limited Hugo de Salis Telephone: +44(0) 20 7242 4477St Brides Media & Finance Ltd Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). The Company's news releases are available on the Company's web site: www.griffinmining.com This information is provided by RNS The company news service from the London Stock Exchange