/NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US
NEWS WIRE SERVICES./
LONDON, UK, Feb. 28, 2013 /CNW/ - Afferro Mining Inc. ("Afferro" or the
"Company") the TSX-V / AIM listed iron ore exploration and development
company, confirms that, on 28 February 2013, its capital consisted of
105,043,636 common shares with voting rights. On that date, no shares
were held in treasury. The total number of voting rights in the Company
is, therefore, 105,043,636.
The above figure (105,043,636) may be used by shareholders as the
denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest
in, Afferro under the FSA's Disclosure and Transparency Rules.
About Afferro Mining Inc.
Afferro is an established exploration and development company listed on
the TSX-V (AFF) and AIM (AFF). Afferro's portfolio includes the 100%
owned Nkout, Ntem and Akonolinga iron ore projects. It also holds a 70%
interest in the Ngoa project, an exploration target bordering Nkout.
Nkout comprises a National Instrument 43-101 ("NI 43-101") compliant
Indicated Mineral Resource Estimate of 1.19Bt at 32.9% Fe and an
Inferred Mineral Resource Estimate of 1.33Bt at 30.3% Fe.
Howard Baker (MAusIMM(CP)) has 18 years' experience in the mining
industry and 10 years' experience in the exploration, definition and
mining of iron ore mineral resources. Mr Baker is a full-time employee
of SRK Consulting (UK) Ltd., an independent consultancy, and has
sufficient experience which is relevant to the style of mineralisation
and type of deposit under consideration, and to the type of activity
which he is undertaking to qualify as a Qualified Person in accordance
with NI 43-101 and a Competent Person as defined in the June 2009
Edition of the AIM Note for Mining and Oil & Gas Companies. Howard
Baker consents to the inclusion in the announcement of the matters
based on their information in the form and context in which it appears
and confirms that this information is accurate and not false or
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accept responsibility for the adequacy or accuracy of this release.
SOURCE: Afferro Mining Inc.
For further information:
Afferro Mining Inc.
Luis da Silva / Jeremy Cave
Tel: +44 (0) 20 7010 7680
Nominated Adviser: Neil Elliot
Corporate Broker: Chris Sim
Tel: +44 (0) 20 7597 5970
RBC Capital Markets
Joint Broker: Martin Eales / Richard Hughes
Tel: +44 (0) 20 7653 4000
Pelham Bell Pottinger
Daniel Thöle / James MacFarlane
Tel: +44 (0) 20 7861 3232