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| | Wed Oct 21, 2009
Directors' Share Dealing
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| | NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.
The Company has been informed on 20 October 2009, Luis da Silva, Guy Pas and Steven Poulton, all directors of the Company, made the following purchases of common shares of no par value in the Company ("Common Shares"):
| |
Common
Shares
purchased |
Price per
Common
Share
(p) |
Date of purchase |
Total
Common
Shares
held
following
purchase |
Common
Shares as a
percentage of
current issued
share capital
(%) |
| Luis da Silva |
8,134 |
61 |
20 October 2009 |
12,509 |
0.02 |
| Guy Pas |
560,250 |
61.5 |
20 October 2009 |
4,959,226 |
9.38 |
| Steven Poulton |
8,200 |
60 |
19 October 2009 |
1,146,450 |
2.17 |
About African Aura Mining Inc.
African Aura is an established African exploration and development company with a primary listing on the TSX-V (AUR) and a secondary listing on London's AIM (AAAM). African Aura is focused on the development of world-class iron ore and gold deposits in highly prospective, under explored countries of sub-Saharan Africa. The Company has a highly motivated and experienced team with a record of discovering mines and taking projects through development and into production in African.
African Aura's assets include the New Liberty gold deposit and the Putu iron ore project, both in Liberia. Putu is being explored and operated by the Company's Joint Venture partner, Severstal Resources (the mining division of OAO Severstal). Severstal Resources is one of the largest mining companies in Russia with EBITDA in 2008 of US$859 million. The Company also has a 59% interest in diamond producer Stellar Diamonds Ltd. A pioneer in Africa, African Aura has attracted some excellent strategic partners and shareholders always with the objective of preserving or enhancing shareholder value. For further information on the Company you are invited to visit its website at www.african-aura.com, or SEDAR's website at www.sedar.com, or contact one of the following:
| African Aura Mining Inc. |
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| Luis da Silva, President & CEO |
Tel: +44 (0) 20 7299 4212 |
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| Evolution Securities Limited |
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| Simon Edwards / Chris Sim / Neil Elliot |
Tel: +44 (0) 20 7071 4300 |
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| Pelham Public Relations |
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| Charles Vivian / James MacFarlane |
Tel: +44 (0) 20 7337 1500 |
Forward-looking Statements
This press release includes certain forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the future plans and objectives of African Aura, are forward-looking statements that involve various known and unknown risks and uncertainties as well as other factors. Such forward-looking statements are subject to a number of risks and uncertainties that may cause actual results or events to differ materially from current expectations, including delays in obtaining or failure to obtain required regulatory approvals. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Any forward-looking statements speak only as of the date hereof and, except as may be required by applicable law, African Aura disclaim any obligation to update or modify such forward-looking statements, either as a result of new information, future events or for any other reason.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Ends
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