African Aura Mining Inc and Aureus Mining Inc announced the completion of the previously announced plan of arrangement pursuant to which African Aura's interests in its gold assets approximately 14% of the outstanding ordinary shares of Stellar Diamonds Plc and cash and cash equivalents equal to 40% of African Aura's total cash balance as at the effective time of the Arrangement were transferred to Aureus Mining.

As a result of the Arrangement, each shareholder of African Aura received one new common share of African Aura and one common share of Aureus Mining for each common share of African Aura held by such shareholder at the Effective Time. In addition, African Aura has now changed its name to Afferro Mining Inc. as part of the Arrangement and all further press releases of African Aura will be issued under the name of Afferro Mining Inc.

Following the completion of the Arrangement, the common shares of Afferro Mining have been admitted to trading on the AIM market of the London Stock Exchange and will be listed on the TSX Venture Exchange in each case under the stock symbol AFF. The common shares of Aureus Mining have today also been admitted to trading on the AIM market of the London Stock Exchange and will be listed on the Toronto Stock Exchange in each case under the stock symbol AUE.

Evolution Securities Limited acts as Nominated Adviser and Broker to Afferro Mining and Nominated Adviser and Joint Broker to Aureus Mining. RBC Capital Markets acts as Joint Broker to Aureus Mining.

Mr Luis da Silva and David Reading CEOs of Afferro and Aureus said that "This marks the final step in the restructuring of African Aura on its path to unlock the latent value in the combined group. The IPO of Aureus creates two attractive and robust pure commodity plays well positioned for growth in the immediate future. With two strong executive and management teams and solid technical experience, both are companies ready for progress as independent entities."