Amur Minerals Corporation (“Amur” or the “Company”), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, announces that, pursuant to the fund raising entered into with Axis Capital Marketing, LTD (“Investor”) on 4 November 2019 and the subsequently announced issuance of warrants on 20 February 2020 for the fund raising consideration, the Investor has elected to convert 5,000,000 warrants (“Warrants”) at the warrant exercise price of 2.12 pence per share providing the Company £106,000. The Investor has 5,000,000 warrants remaining.