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Senior Management Appointment

17th Dec 2012 07:00

Hambledon Mining plc

("Hambledon" or "Company")

Senior Management Appointment

Hambledon Mining Plc (AIM: HMB), the Kazakhstan gold mining and development company, announces the appointment of Aidar Assaubayev as its new Chief Executive. Mr. Assaubayev will be focused on a comprehensive review of the Company's operations and strategic options with a view to identifying the best way forward for Hambledon and its shareholders. The Board believes Mr. Assaubayev brings a wealth of experience in gold mining as well as significant expertise on the ground in Kazakhstan.

"I am very excited with the prospect of working with Hambledon to make it a successful gold mining company and I am dedicated to delivering value for all shareholders. Hambledon has great potential for growth and development which I will do my utmost to deliver" said Mr. Assaubayev.

ENQUIRIES:

HAMBLEDON MINING:Telephone +44 (0)207 233 1462Charles Zorab

SP Angel Corporate Finance LLP (NOMAD AND BROKER):Telephone +44 (0)203 463 2260Ewan Leggat/Katy Birkin

Copyright Business Wire 2012


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