Tethyan Resources Regulatory News (TETH)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Mullens

2.

Reason for the Notification

a)

Position/status

CEO

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Aurasian Minerals plc

b)

LEI

England & Wales 03781581

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares of 0.1p

Identification code

AUM GB0034039965

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

d)

Aggregated information:

· Aggregated volume

· Price

250,000 ordinary shares of 0.1 pence (purchased) at 0.55 pence per ordinary share

e)

Date of the transaction

5 July 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)