/NOT FOR DISTRIBUTION IN THE UNITED
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TSX-V: AFF
AIM: AFF
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.
Qualified Person
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 misleading.
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.