10 March 2010

Director’s shareholding

Angel Mining plc (the "Company")
AIM: ANGM

The Company announces that it received notification that on 9 March and 10 March Frank Chapman, Non-executive Chairman, acquired, in aggregate, 500,000 ordinary shares of 1p each in the Company (“Ordinary Shares”) at 7p per share. Following this acquisition, Frank Chapman is interested in a total of 4,340,000 Ordinary Shares, which includes 2,500,000 Ordinary Shares held via the Company’s Joint Ownership Share Plan and 40,000 Ordinary Shares in his discretionary pension account. This combined holding represents approximately 1.46 per cent. of the current issued share capital of the Company.

Nick Hall, Chief Executive Officer, commented, “We are pleased Frank has shown his further support of the Company through these share purchases. Following the recent announcement of the first gold production at Nalunaq we look forward to continuing to develop the Company’s operations, which are focused on opportunities in Greenland”.

For further information please contact:

For further information please contact
Angel Mining plc
Nicholas Hall, Chief Executive

07931 709 053
WH Ireland Limited
Adrian Kirk

0161 832 2174
Fox-Davies Capital
David Poraj-Wilczynski
0207 936 5200
Bishopsgate Communications Limited
Nick Rome
0207 562 3366

 


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