MNO Meridian Mining UK Societas

Mano River Resources Inc. ("Mano" or the "Company") (TSX VENTURE:MNO)(AIM:MANA)
the TSX Venture Exchange ("TSX-V") and AIM listed exploration and development
company focused on gold, iron ore and diamonds in West Africa is pleased to
announce the appointment of Mr Kirill S. Zimin to the Board of Directors.


Severstal's representative

Following the completion of the deal with Severstal in December 2008, and in
accordance with the agreement signed on 22 May 2008, Mr Zimin has been elected
as the chosen representative of Severstal Resources to complement the existing
Board and oversee the 6.29% strategic investment in Mano as well Severstal's
61.5% interest in the Putu Range iron ore Joint Venture Severstal Liberia Iron
Ore Ltd.


Mr Zimin joined "ZAO Severstal Resources" in 2006 and is Senior Manager for
Strategy and Corporate Development. In this capacity he is also Head of Business
Development for Africa. Previously Mr Zimin was Deputy Director General at "OAO
Kuzbassugol Coal Company" where he joined from "OAO SUAL Holding" having worked
for over three years as a specialist in corporate governance. Mr Zimin graduated
from the Moscow State University with a Law degree.


Luis da Silva, President & CEO of Mano commented:

"This appointment not only strengthens the Mano Board but also our relationship
with Severstal in taking forward the Company's joint objectives. We have an
excellent relationship with the Severstal team and we look forward to expanding
on this in the future. This appointment is an endorsement of the Company's
strategy as we seek to grow, especially in light of the amalgamation with
African Aura Resources."


There is no other information that is required to be disclosed pursuant to
Schedule 2 paragraph (g) of the AIM Rules, save as set out below:




-------------------------------------------------------------------------
Current Directorships              Past Directorships within last 5 years
-------------------------------------------------------------------------
                                   OAO Coal Kuzbassugol
-------------------------------------------------------------------------
                                   Kamensk-Uralsky Metallurgical Works
-------------------------------------------------------------------------
                                   Volgograd Aluminimum Smelter
-------------------------------------------------------------------------
                                   OAO Metallurg
-------------------------------------------------------------------------



Severstal Resources is one of the biggest Russian mining companies and manages
all Severstal's mining assets: two iron ore mining complexes and a coking coal
complex in northwest Russia, one coking coal complex in USA (PBS Coals), an
exploration project Severstal Liberia Iron Ore in Western Africa and a mine
design institute SPb-Giproshakht. Severstal Resources also manages a number of
gold mining assets in Russia, Kazakhstan and Burkina Faso as well as several
gold exploration fields in these regions. In 2008 Severstal Resources' mines and
plants produced 9.3 million tonnes of iron ore pellets, 4.7 million tonnes of
iron ore concentrate, 4.6 million tonnes of coking coal concentrate, 0.7 million
tonnes of coking coal, 2.2 million tonnes of steam coal and 6 tonnes of gold.


OAO Severstal is an international metals and mining company with a listing on
the Russian Trading System, Moscow Interbank Currency Exchange and the London
Stock Exchange. Incorporated in 1993, the company focuses on high value added
and unique niche products and has a successful track record of acquiring and
operating high-quality assets in North America and Europe. Severstal owns mining
assets in Russia and in the US, thus securing its supplies of raw materials. Its
enterprises are located in Russia, Ukraine, Kazakhstan, United Kingdom, France,
Italy, United States and Africa. In 2008, Severstal produced 19.2 million tonnes
of steel. Revenues were $22.4 billion and EBITDA was $5.4 billion. EPS was $2.2.


For further information on Mano River Resources and its development programmes,
you are invited to visit the Company's website at www.manoriver.com.

Meridian Mining UK Socie... (TSXV:MNO)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024

Meridian Mining UK Socie... (TSXV:MNO)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024