Company Information for Angus & Ross Plc

AIM-AGU

http://www.angusandross.com

Company stock charts - 6 Month chart

AIM; AGU

View full financial data

Company Statement

Angus & Ross plc is an exploration and mining company registered in the United Kingdom and listed on the AIM market of the London Stock Exchange. Its main properties are in Greenland, and it has further exploration interests in Brazil and Australia.

The Company's main focus is the Black Angel zinc/lead property in Western Greenland. The financing package for the project was approved by shareholders in July 2007 and the first production is expected in 2008. Black Angel was one of the richest zinc mines in the world in its time and closed down in 1990 after 17 years of continuous operation. Advances in mining technology and the steady rise in zinc prices makes us believe that this mine may be producing again very soon. Angus & Ross also holds 259 sq km of exploration ground around the mine.

Current Operations

Angus & Ross is currently involved in the following exploration projects:

Greenland:
The Black Angel project is the main focus of Angus & Ross plc. The objective of the project is to re-open the Black Angel zinc mine in West Greenland and to conduct extensive exploration of its 187 km2 licence area aimed at discovery of a significant zinc/lead orebody.

The Motzfeldt tantalum property is located in southern Greenland and it was the original exploration project undertaken by the Company in 2000 and covering licence 2000/5 of 414 km2 (Now reduced to 84 km2).

For the most recent news regarding Brazil and Australia, please visit the News Section of the Company website.

Geographical Spread

Greenland - Brazil - Australia

Board of Directors and Key Management

Nicholas J.H. Hall	Chief Executive Officer
Paul Williams	Finance Director & Company Secretary
Timothy Daffern	Director of Mining & Exploration

Company Address

6 Station Road Morton
Bourne, Lincolnshire, United Kingdom PE10 0NN


Telephone:	+44 1778 570 608
Email:	nick.hall[at]angusandross.com
Website:	http://www.angusandross.com

Additional Address/Key Contact

To contact our subsidiaries directly check their website for contact details:

Black Angel Mining Ltd
www.blackangelmining.com
(Black Angel Project, Greenland)

St Andrews Mining Ltd
www.standrewsmining.com
(all Brazilian projects)

Queensland Gold & Minerals Ltd
www.qgm.com.au
(all Australian projects)

Capital

Shares in issue at 1st May 2009: 245,316,533

Annual General Meeting

October

Year End

28 February

Nominated Brokers

Fox-Davies Capital Ltd

Nominated Advisors

WH Ireland Limited

Major Shareholders

RAB Capital	29.15%
Rathbone Fund Managers Ltd	3.08%
Directors	2.6%

Most Recent Statement

01/07/09 - Unconditional acquisition of the assets of Nalunaq gold mine in Greenland and related loan arrangement
11/05/09 - Conditional Conversion of Cyrus $12.5M debt
27/04/09 - Angus & Ross Secures Funding Package for £5,600,000
07/04/09 - Acquisition
30/03/09 - Change of Nominated Adviser
19/02/09 - Appointment of Contractors

To top