African Aura Mining Inc., the TSX-V (AUR) and AIM (AAAM) listed exploration and development company with divisions focused on iron ore and gold projects in sub Saharan Africa, announced that, further to its recent press releases, the proposed restructuring of the Company's assets involving Aureus Mining Inc. pursuant to a statutory plan of arrangement has received the requisite shareholder approval at the Company's special meeting of shareholders held.

The Arrangement was approved by 99.61 % of the shares voted at the Meeting.

The Company intends to apply to the Supreme Court of British Columbia for a final order approving the Arrangement on April 6, 2011. If the final order is granted and all other conditions precedent to the Arrangement are satisfied or waived, the Company expects that the Arrangement will be completed on April 13, 201q.

At the Meeting, shareholders also approved: (1) a resolution approving a stock option plan for Aureus Mining and all unallocated options, rights and entitlements thereunder; and (2) a resolution approving an amended and restated stock option plan for African Aura as well as certain amendments relating to the terms of outstanding stock options of African Aura. Such resolutions were approved by 72.39 % and 92.43 %, respectively, of the shares voted at the Meeting.

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