Aureus Mining Inc. announced that it has entered into an agreement for an equity financing with MNG Gold Jersey Ltd. Upon completion of the transaction the following changes will be made to the Board and management of the company: CEO David Reading will resign and will be replaced by Serhan Umurhan, currently General Manager of MNG Gold; CFO Paul Thomson will resign, but continue for 12 months in a consultancy role. Geoff Eyre, currently CFO of MNG Gold, will be appointed as CFO; and Mehmet Nazif Gunal will join the Board as Non-Executive Chairman. Serhan Umurhan and Geoff Eyre will join the board as Directors.

David Netherway, Loudon Owen and Jean-Guy Martin will continue as Non-Executive Directors of the Company. Karin Ireton and Adrian Reynolds will resign as Directors of the Company.