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 it, together with its wholly owned subsidiary Irosta Trading Limited (“Irosta”), has entered into a Share Purchase Agreement (the “SPA”) for the sale of 100% of its interest in Irosta’s wholly owned subsidiary, AO Kun-Manie (“AO KM” or “Kun-Manie”). For a total consideration of US$ 35 million, Bering Metals LLC (the “Buyer” or “Bering”) will purchase AO KM and the benefit of all amounts owed by AO KM to Amur under intra-group loans (the “Transaction”). AO KM is an exploration and mining company which holds the Detailed Exploration and Mine Production mineral licence for the Kun-Manie nickel-copper sulphide project located in Amur Oblast of the Russian Federation.