Nyota Minerals Regulatory News (NYO)

Nyota Minerals Limited ('Nyota' or the 'Company')

NYOTA BOARD APPOINTMENT/ISSUE OF OPTIONS

The directors of Nyota are pleased to announce that its Chief Executive Officer (CEO), Mr Richard Chase, will join the Company's board as an executive director effective immediately.

Nyota Chairman, Melissa Sturgess, commented: "I am delighted to welcome Richard to the Board. Richard's mixture of corporate and technical expertise will be a valuable addition to the board in this next period where Nyota needs to manage to the commencement of a feasibility at Tulu Kapi whilst at the same time extracting value from the enormous exploration opportunities the Company is discovering at the Tulu Kapi proximal targets and the new northern block targets."

Mr Chase, BSc (Hons.) Geology, was most recently the Managing Director of Ambrian Partners Limited and a director of Ambrian Nominees Limited. He is a Member of Institute of Materials, Minerals and Mining and a Fellow of The Geological Society. He had 19 years' experience as an exploration and mining geologist working primarily in Tanzania and he also has had over 10 years' experience in the broking and corporate finance areas with both BNP Paribas and Ambrian Partners.

As part of Mr Chase's remuneration package the Company has today issued the following employee options to him:

(i) Tranche A - 1,700,000 options exercisable at GBP0.175 on or before 30 June 2015; and

(ii) Tranche B - 1,800,000 options exercisable at GBP0.20 on or before 30 June 2015.

The options are subject to continuity of employment vesting conditions in that:

(i) Tranche A - these options vest 15 months after the date of issue of the Options (2 September 2012); and

 (ii) Tranche B - these Options vest 30 months after the date of issue of the Options (2 December 2013).

Both the Tranche A and Tranche B options lapse within one month of the recipient ceasing to be a director/employee/consultant of the Company.

Shares which are issued as a result of the exercise of Options will rank pari passu in all respects with all Shares on issue, and the Company will apply for quotation of those Shares on the ASX and AIM.

There is no further information in relation to the appointment of Richard Chase which is required to be disclosed pursuant to Schedule 2 paragraph (g) and Rule 17 of the AIM Rules.

An Appendix 3B in relation to the Options granted can be viewed at the following link showing that the unissued ordinary shares of the Company under option total 41,455,000:

http://www.rns-pdf.londonstockexchange.com/rns/8472H_-2011-6-3.pdf

An Appendix 3X detailing Mr Chase's interest in Nyota shares and option can be viewed at the following link:

http://www.rns-pdf.londonstockexchange.com/rns/8472H_1-2011-6-3.pdf

For further information please contact:

Melissa Sturgess

Nyota Minerals Limited

+44 (0) 20 7379 5012

NOMAD

Jen Boorer / Anthony Rowland

Ambrian Partners Limited

+44 (0)20 7634 4858

BROKER

Guy Wilkes / Will Slack Rory Scott

Ocean Equities Limited Mirabaud Securities LLP

+44 (0) 20 7786 4370 +44 (0)20 7878 3360

Or visit: http://www.nyotaminerals.com