/NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES./
LONDON, UK, March 30, 2012 /CNW/ - Afferro Mining Inc. ("Afferro" or the "Company") the TSX-V / AIM listed iron ore exploration and development company, confirms that, on 30 March 2012, its capital consisted of 104,643,949 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, 104,643,949.
The above figure (104,643,949) 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 iron ore project and surrounding iron ore targets in Cameroon. At Nkout, Afferro has an NI 43-101 compliant indicated mineral resource estimate of 944Mt at 32.7% Fe and an inferred mineral resource estimate of 1.05Bt at 31.6% Fe. Afferro has a 38.5% interest in Severstal Liberia Iron Ore Ltd. which indirectly owns the Putu iron ore project in Liberia.
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.
For further information:
Afferro Mining Inc.
Luis da Silva / Jeremy Cave
Tel: +44 (0) 20 7257 2930
Evolution Securities Limited
Nominated Adviser: Neil Elliot / George Price
Corporate Broker: Chris Sim
Tel: +44 (0) 20 7071 4300
RBC Capital Markets
Joint Broker: Martin Eales / Richard Hughes
Tel: +44 (0) 20 7653 4000
Pelham Bell Pottinger
Nick Lambert / James MacFarlane
Tel: +44 (0) 20 7861 3232