21 October 2009

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


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