🕐03.02.11 - 09:27 Uhr

Topmac Holdings PLC t/a AURUMEX acquired Snowy Montain Holdings Inc.



Topmac Holdings PLC t/a AURUMEX acquired Snowy Montain Holdings Inc. London, UK, 03.02.

2011 -- Topmac Holdings PLC t/a AURUMEX (trading on The Frankfurt Exchange WKN: A1CX2W Symbol: LP7) today announced that is has entered into an agreement to acquire 100% of the shares of Snowy Mountain Holdings Inc.

Snowy Mountain Holdings Inc.

is the owner of several mining claims patented and unpatented in the State of Montana as well as operating gold and silver mines.

Under the terms of the takeover agreement Topmac will assume all of Snowy Mountains assets.

Snowy Mountain will continue to operate as a 100% wholly owned sub of Topmac Holdings PLC.

The current management will remain in place to assure a smooth transition and continued mining operations. AURUMEX is pleased to announce its intent to begin the refining of ore from the Fairview Mine in March 2011.

The company has immediate plans to activate an ore refining mill located near the Fairview mine which Is currently under a lease purchase agreement with Snowy Mountain. Company representatives will travel to Missoula Montana for the closing on the February 15, 2011.

Under the terms of the agreement Snowy Mountain Holdings Inc.

will appoint two directors to the board of directors of Topmac Holdings PLC.

Company representatives have also been deployed to Montana to conduct general inspection of the ore milling facility near the Fairview Mine and other properties acquired.

The company intends to begin milling the first 700 tons of ore from the Fairview Mine in mid-February early March.

The initial ore from the Fairview Mine has been assayed at 0.076 oz.

Au per ton.

The company anticipates positive cash flow from this venture in the 3rd.

quarter of 2011.

Reports will be made available on the company website. Full descriptions of the transaction, claims, property and mining related ventures will be available on the company website www.topmac.eu under Investor Relations. Preliminary studies and testing indicates that these properties are commercially viable mines needing only the capital investment for infrastructure and equipment to allow production. AURUMEX will undertake on a best efforts basis to provide the working capital for these projects. “I feel that the that the development potential of the Snow Mountain Holdings Inc.

properties through the acquisition enhances the overall strategy of the company, I am excited about the properties and the company’s development plans,” said the President, Topmac Holdings PLC. About Topmac: Topmac Holdings PLC (Exchange Frankfurt WKN A1CX2W, Symbol: LP7) is a British based, junior resource company focused on the exploration, development and production of mineral resources in Jalisco, Mexico and Montana, USA.

The Company is actively engaged in the exploration and emerging production of its mineral properties Paymaster and Fairview mine for Gold and Silber.

The Company’s directors and management include industry professionals with a track record of identifying and advancing successful mineral exploration projects.

The Company is focused on creating shareholder value with the companys growth strategy to acquire, explore and develop high-quality properties throughout North and South America.

Managements corporate philosophy is to be a project generator, explorer and operator with the objective of option/joint venturing projects with junior mining companies through to production. Contact: Topmac Holdings plc t/a AURUMEX Durham Tees Valley Business Centre Primrose Hill Industrial Estate Orde Wingate Way Stockton On Tees TS16 0GA, Great Britain Kontakt: Bernardo Vergara Email: Investor Relations: Phone: +44 870 490 8682 Fax: +44 870 170 0764 The information in this press release constitutes "forward-looking information".

Other than statements of historical fact, all statements are "Forward-Looking Statements» that involve such various known and unknown risks, uncertainties and other factors.

There can be no assurance that such statements will prove accurate.

Results and future events could differ materially from those anticipated in such statements.

Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements".

Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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