Issue of Equity

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

The Company announces that it has raised £125,000 through the issue of 2,727,791 new ordinary shares of 1p each in the Company (“Ordinary Shares”) at approximately 4.6p per share under the terms of the Standby Equity Distribution Agreement announced on 27 April, 2009.

Application will be made for the admission of 2,727,791 new Ordinary Shares to be admitted to trading on AIM. It is expected that admission will become effective and that dealings will commence on 20 November, 2009. On admission, the Company will have 263,530,552 Ordinary Shares in issue.

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