Update Regarding EGM Requisition Notice

18 November, 2014

The Company announces that it has agreed with Urion Holdings (Malta) Limited, a subsidiary of Trafigura Beheer B.V., who currently holds 19.35% of the issued share capital of the Company (the "Proposing Shareholder"), that, in relation to the Proposing Shareholder’s recent requisition requiring the Company to call an extraordinary general meeting ("EGM"), the time period for calling the EGM be extended to 20 December 2014 while the Company continues its discussions with the Proposing Shareholder and other key stakeholders.

Enquiries

EMED Mining                  Ronnie Beevor/Isaac Querub               +34 959 59 28 50
Canaccord Genuity        Neil Elliot/Mark Palmer                           +44 207 523 8000
Fox-Davies Capital        Oliver Stansfield                                      +44 203 463 5061
Walbrook PR                   Nick Rome                                                +44 207 933 8783

For further information on the Company's activities, visit www.emed-mining.com.