CIC Mining Resources Ltd Corporate Update (9494M)

TIDMCICR

RNS Number : 9494M

CIC Mining Resources Ltd

24 September 2012

For immediate release: 24 September 2012

CIC Mining Resources Ltd.

("CIC" or the "Company")

Corporate Update

CIC (AIM: CICR), the consulting and advisory firm operating primarily in the mining and energy infrastructure sectors, is pleased to provide the following corporate update.

Crowe Clark Whitehill LLP has been appointed to act as Non Statutory Auditor of CIC and has commenced the audit of CIC Consolidated Accounts for year ended January 31, 2012.

In addition, Symvan Securities Limited is appointed co-broker to the Company with Northlands Capital Partners to remain as principal broker. The additional brokerage will aid CIC to put in place effective investor communication strategies and reach a wider investment community.

Finally, following the announcement of the de-listing of the Company's shares from the Canadian CNSX in June 2011 the Company subsequently had the admission to trading of its shares on the Frankfurt Stock Exchange also cancelled. The Company's ordinary shares now only trade on the AIM market of the London Stock Exchange.

 
 Contact details 
---------------------  -------------------------------------------------------------- 
 
 CIC Mining Resources   Northland Capital Partners   GTH Communications 
  Ltd                    Limited 
---------------------  ---------------------------  --------------------------------- 
 Stuart J. Bromley      Luke Cairns / Tim Metcalfe   Toby Hall /Suzanne Johnson-Walsh 
---------------------  ---------------------------  --------------------------------- 
 +86 136 0113 1912      +44 (0)20 7796 8800          +44 (0)20 3103 3903 
---------------------  ---------------------------  ---------------------------------

-Ends-

CIC Mining Resources Ltd

The Company is a consulting and advisory company, operating primarily in the mining and energy infrastructure sectors. The Company seeks to provide consulting and advisory services to entities operating at various stages of resource development, and the exclusive right to control the public listing process of any client company if the client company is an unlisted company.

Mining and energy infrastructure companies or projects will include those involved in the exploration for, and extraction of, base metals, precious metals, bulk commodities, thermal and metallurgical coals, industrial metals, hydrocarbons, renewables and new technologies, including single-asset as well as diversified natural resources companies.

The core services provided by CIC Mining Resources are: the Advisory Service which provides a range of technical, project management, strategic and commercial services; the Strategic Investment Service which helps companies source investment from industry partners for which the Company will typically receive an equity interest; and Advice on Listings where the Company helps the client realise value by listing on a Stock Exchange. www.cicresources.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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