African Aura Share Discussion Threads

[thelads1] 13/4/2011 08:26

thx unionhall

[unionhall] 13/4/2011 08:22

AUE thread now showing graph and news - all in place.

AFF showing graph - but not news yet.....

[gavinw33] 13/4/2011 08:19

Lloyds TSB Share Dealing still showing AAAM shares and nothing else. Also not letting me buy AFF in ISA saying "this security cannot be traded within this account type".

Muppets!

[matrixtrader] 13/4/2011 08:12

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Re: News - Wednesday, April 13, 2011
Title: COMPLETION OF PLAN OF ARRANGEMENT AND COMMENCEMENT OF TRADING

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April 13, 2011, African Aura Mining Inc. ("African Aura") and Aureus Mining Inc. ("Aureus Mining") are pleased to announce the completion of the previously announced plan of arrangement (the "Arrangement"), pursuant to which African Aura's interests in its gold assets (including the New Liberty Gold Project in Liberia), approximately 14% of the outstanding ordinary shares of Stellar Diamonds Plc and cash and cash equivalents equal to 40% of African Aura's total cash balance as at the effective time of the Arrangement (the "Effective Time") were transferred to Aureus Mining. As a result of the Arrangement, each shareholder of African Aura received one new common share of African Aura and one common share of Aureus Mining for each common share of African Aura held by such shareholder at the Effective Time. In addition, African Aura has now changed its name to "Afferro Mining Inc." as part of the Arrangement and all further press releases of African Aura will be issued under the name of "Afferro Mining Inc." ("Afferro Mining"). Afferro Mining's new website effective today is www.afferro-mining.com.

Following the completion of the Arrangement, the common shares of Afferro Mining have today been admitted to trading on the AIM market of the London Stock Exchange and will be listed on the TSX Venture Exchange (the "TSXV"), in each case under the stock symbol "AFF". The common shares of Aureus Mining have today also been admitted to trading on the AIM market of the London Stock Exchange and will be listed on the Toronto Stock Exchange (the "TSX"), in each case under the stock symbol "AUE".

Evolution Securities Limited acts as Nominated Adviser and Broker to Afferro Mining and Nominated Adviser and Joint Broker to Aureus Mining. RBC Capital Markets acts as Joint Broker to Aureus Mining.

A copy of the Aureus Mining Admission Document is available at www.aureus--mining.com.

Luis da Silva and David Reading, CEOs of Afferro and Aureus, respectively, commented:

"This marks the final step in the restructuring of African Aura on its path to unlock the latent value in the combined group. The IPO of Aureus creates two attractive and robust pure commodity plays well positioned for growth in the immediate future. With two strong executive and management teams and solid technical experience, both are companies ready for progress as independent entities."

About Afferro Mining Inc. (formerly African Aura Mining Inc.)

Afferro Mining is an established exploration and development company listed on the TSX-V (AFF) and London's AIM (AFF). Afferro Mining's portfolio includes a 100% interest in the Nkout iron ore project (the "Nkout Project"), which has an estimated Inferred Mineral Resource of some 1.04 billion tonnes grading 34.2% Fe, 43.0% SiO2 and 2.9% AL2O3 and 0.05% P, and surrounding iron targets in Cameroon which is subject to a resource expansion drilling programme targeting 4Bt. Afferro Mining also has a 38.5% interest in the Putu iron ore project in Liberia (the "Putu Project"), which has an estimated Inferred Mineral Resource of 185 Mt of oxide material with a grade of 37.8% Fe, 17 Mt of haematite itabirite at 48.25% Fe, and 2,173 Mt of magnetite itabirite at 33.7% Fe. The Putu Project is subject to a resource expansion drilling programme and is moving through pre-feasibility managed by joint venture partner Severstal Resources (the mining division of London and Moscow listed OAO Severstal). In September 2010, Putu was granted a 25 year renewable Mineral Development Agreement by the Government of Liberia.

About Aureus Mining Inc.

Aureus Mining is a TSX and AIM listed gold mining company (AUE). Its assets include the New Liberty gold deposit in western Liberia (the "New Liberty Gold Project"), which has an estimated Indicated Mineral Resource of 751,000 ounces of gold grading 4.17 g/t (contained in 5,599,000 tonnes) and an estimated Inferred Mineral Resource of 762,000 ounces of gold grading 3.40 g/t (contained in 7,040,000 tonnes). The New Liberty Gold Project is being advanced through a bankable feasibility study, and the proximal Ndablama, Weaju, Silver Hills and Gondoja gold projects are all within the Company's Bea Mountain 25 year renewable Mineral Development Agreement.

In addition, the Aureus Mining has an approximate 14% interest in AIM-listed diamond producer Stellar Diamonds Plc (AIM: STEL, www.stellar-diamonds.com).

[wiloughby2] 13/4/2011 07:59

barclays AFF 182-187 AUE 110-120 at opening

[donska] 13/4/2011 07:59

Good to see that Guy Pas has purchased a further 100,000 shares in AFF at 187.5p

[blueliner] 13/4/2011 07:57

same as above re HL

[donska] 13/4/2011 07:57

Nothing in my Hargreaves account as of yet also?

[thelads1] 13/4/2011 07:56

on my tdw account.
its showing only aaam in pf listing at 186-188

however real time quotes available for
aff at 182-187
aue at 110-120

these not reflected in my pf listing

contacted account admin and they say it will be updated once shares received this morn at 8 via custodian of the shares

[arf dysg] 13/4/2011 07:56

This works:



just like the AAAM page (replace aue with aaam)

but the equivalent for aff just gives me Ass.Gen.France. If I try aim:aff I get "not recognised share symbol"

[smoking gun] 13/4/2011 07:54

me too, and AAAM has been removed so no IO

[greenroom78] 13/4/2011 07:53

I have AUE now but not AFF

for AFF I just get
LSE : Ass.Gen.France (delisted)

[highcommissioner] 13/4/2011 07:46

AUE shares still not showing on my TDW account

[ridicule] 13/4/2011 07:41

Same on ADVFN 110 bid 120 offer

[highcommissioner] 13/4/2011 07:39

aue 115 on m-am - at the moment

[cumbrian2] 13/4/2011 07:37

still no price showing

[smoking gun] 13/4/2011 07:33

has it got a price on aue?

[cumbrian2] 13/4/2011 07:32

AUE now OK on monitor but no AFF yet

[irenekent] 13/4/2011 07:31

Can't get either on advfn. Perhaps we have to wait for market to open.

[dandick] 13/4/2011 07:29

Greenroom i have aff on an ADVFN competitor..cant get aue

[longsight] 13/4/2011 07:24

There is an RNS on AFF - Guy Pas bought 100,000 shares in the market yesterday. He now has 5,897,226 shares. When I tracked through the history of Mano River, African Aura - & now Affrero - I found that Guy Pas apparantly has never sold shares but has consistently added to his holding either through participating in equity issues or through buying in the open market.

[mr.oz] 13/4/2011 07:17

GR - munnyam has the EPICs no probs

[greenroom78] 13/4/2011 07:10

Has anybody managed to get AUE & AFF on their advfn monitor? I am getting not recongised message.

[thelads1] 13/4/2011 05:49

morning...interesting day ahead to say the least.
Blockbusting RNS's for both companies from Friday onwards. :)