Shearwater Regulatory News (SWG)

1 Feb 2005 08:01

Aurum Mining PLC01 February 2005 For immediate release 1 February 2005 AURUM MINING plc ("Aurum" or "the Company") Appointment to the Board of Managing Director Aurum Mining plc (AIM: AUR), a company formed last year to acquire gold andother mineral extraction projects in the Former Soviet Union (FSU), is pleasedto announce the appointment of John Webster to its Board as Managing Directorfollowing the Company's acquisition of Kaldora Company Ltd and the readmissionof its share capital to trading on AIM this morning. John has more than 20 years' experience in mining engineering, specialising inmine evaluation and development in the countries of the FSU. He has held seniorpositions with Far East Gold, Nelson Gold and JD Welsh & Associates. He is aMember of the Australasian Institute of Mining and Metallurgy, The Society ofMining Engineers of AIME and the Society of Explosive Engineers. John is interested in 145,000 shares in Aurum, equivalent to 1.5 per cent of theCompany's enlarged share capital, and in addition holds options over 1 millionshares in Aurum at an exercise price of 84p per share. Commenting on John Webster's appointment, Sean Finlay, Aurum's Chairman, said: "I am delighted to welcome John to the Aurum Board. His knowledge of the miningsector, his experience of the FSU and his operational track record will all besignificant assets to Aurum, helping us to pursue our organic and acquisitivegrowth strategy." For further information: Aurum Mining plc Tel: 07802 858893Haresh Kanabar W H Ireland Tel: 0121 616 2101Tim Cofman Buchanan Communications Tel: 020 7466 5000Mark Court/Charlie Howard This information is provided by RNS The company news service from the London Stock Exchange