ROSE.L Regulatory News (ROSE)

16 Jan 2006 07:01

Vane Minerals PLC16 January 2006 16 January 2006 VANE Minerals Plc (AIM: VML) Change of Advisers VANE Minerals ("VANE" or "the Company") is pleased to announce that it hasappointed Ambrian Partners Limited as nominated adviser and Daniel Stewart & Coand Ambrian Partners Limited as joint broker to the Company with immediateeffect. About VANE Minerals: VANE Minerals was founded by the former international exploration team ofFreeport McMoRan Copper & Gold Inc., one of the world's largest producers ofcopper and gold. The team negotiated exclusive access to Freeport McMoRan'sglobal exploration database, made up of 7,000 plus files generated over nearly100 years of exploration and, following the review of these files, VANE isideally placed to capitalise on project acquisition opportunities. The Companyhas assembled a highly qualified and experienced management team with a proventrack record in exploration and development, who have spent their entire careerssearching for and defining large scale mineral deposits. The Company's principal objective, as set out at the time of its listing in June2004, is to be a self-funding exploration company. As such, the initial focushas been to identify high grade gold-silver projects which can be brought intoproduction as quickly as possible in order to provide revenue towards fundingthe development of potentially much larger projects. VANE is well on its way toachieving this objective as production began at the Diablito mine in Mexico inNovember 2005. The Company will use the revenue generated by this firstproducing mine to help fund development work across its attractive portfolio ofgold, silver, copper and uranium assets in Mexico, Paraguay and the US. For further information, please review: www.vaneminerals.com. Enquiries: VANE Minerals Plc Ambrian Partners LimitedMatthew Idiens Richard Brown+44 (0) 20 7667 6322 +44 (0) 20 7776 6417 Parkgreen Communications Daniel Stewart & CoJustine Howarth / Cathy Malins Alex Davies+44 (0) 20 7493 3713 +44 (0)20 7776 6550 This information is provided by RNS The company news service from the London Stock Exchange