Final payment made for the purchase of Nalunaq gold mine
Angel Mining plc (the "Company")
AIM: ANGM
The Company announces that it has paid US$500,000 to Crew Gold Corporation being the second and final instalment to complete the US$1,500,000 acquisition of the Nalunaq gold mine in Greenland. The payment was triggered by the recent confirmation, by the Greenlandic government, that they support and approve the transfer in ownership of the mining licence to Angel Mining (Gold) A/S, a wholly owned subsidiary of the Company.
Enquiries:
|
Angel Mining plc Nicholas Hall, Chief Executive |
07931 709 053 |
|
WH Ireland Limited (Nominated Adviser) Adrian Kirk |
0161 832 2174 |
|
Fox-Davies Capital (Broker) Jason Bahnsen |
0207 936 5200 |
|
Bishopsgate Communications Limited Nick Rome |
0207 562 3366 |