amur minerals corp shares rose wednesday after the company said its shareholders rejected the sale of the kunmanie nickelcopper project in russia to stanmix holding ltd for 105 million shares at 1113 gmt were up 018 pence or 19 at 11 pence the russiafocused exploration company said that at a general meeting 73 of shareholders voting rejected a resolution to sell the project to stanmix the company said the 105 million consideration was a significant premium to its current market capitalization and in line with an independent valuation report when the deal was first mooted on may 9 amur said the price fell below the independentlyderived fair market value assessment because of current volatile market conditions and because the project is located in russia stanmix is a company controlled by russian businessman vladislav sviblov amur has previously said going forward amur will endeavor to advance the project per the terms of its detailed exploration and mining license as well as continue discussions with interested and qualifying parties chief executive robin young said