Amur Minerals Corporation, a nickel-copper sulphide mineral exploration and resource development company which possesses a wholly owned nickel sulphide asset located in the far east of Russia, notes the recent share price movement and press speculation that a potentially interested party has valued the Company at an indicative price of up to £100 million. The Company confirms that it is in discussions with a potential purchaser to sell its wholly owned subsidiary, Irosta Trading Limited, for approximately the indicated price. Irostra Trading Limited owns the Kun-Manie Project.