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"In all material respects the Revised Co-operation Agreement is consistent with the 26 April 2017 Co-operation Agreement."
HGC Investment up to 3.717m shares and 2.843% 0.1p ordinary Purchase 179,300 $1.5830 CAD
Man Group up to 3.317m shares and 2.53% Increasing a long position 585,501 @ 0.8913
MMCap now up to 5.325m shares and 4.07% ORD GBP.01 Purchase 250,000 0.8950 GBP ORD GBP.01 Purchase 15,500 1.5760 CAD ORD GBP.01 Purchase 498,700 1.5811 CAD
In the Management Discussion and Analysis news released on the 20th April the following was disclosed: Proposed Transactions There are currently no other proposed transactions of a material nature other than those outlined and discussed in the ‘Corporate Activity’ section above. This section made no mention of the proposed merger with Sandstorm, which was announced 6 days later on the 26th April. We also know that MARL signed a NDA with Sandstorm on the 28th March: 18.2 Confidentiality Agreement On 28 March 2017, Sandstorm and Mariana entered into a confidentiality agreement in relation to the Combination, pursuant to which, amongst other things, Sandstorm undertook, subject to certain exceptions, to keep information relating to Mariana confidential and not to disclose it to third parties. Whilst appreciating that an NDA is exactly that, surely the statement in the Management discussion and Analysis document dated the 20th April is misleading.
Parkwood Limited Partnership bought 150k up to 1.707m and 1.3%
Man bought another 403k @90.61, up to 2.731m and 2.0895%
Samara Fund Ltd - Sandstorm Short Sandstorm Short Shares % Samara Fund Ltd 03-May -816k -0.54% 28-Apr -802k -0.53% 28-Apr -756k -0.50% 27-Apr -647k -0.43% 26-Apr -358k -0.24%
Trying again: Mariana Shares % Samara Fund Ltd 03-May 3.172m 2.44% 02-May 3.117m 2.40% 01-May 2.939m 2.26% 28-Apr 2.927m 2.25% 27-Apr 2.517m 1.94% Samara Capital Inc 26-Apr 1.392m 1.07% HGC Arbitrage 03-May 3.537m 2.70%
Hope formatting works Mariana Sandstorm Shares % Shares % Samara Fund Ltd 03-May 3.172m 2.44% -816k -0.54% 02-May 3.117m 2.40% 01-May 2.939m 2.26% 28-Apr 2.927m 2.25% 28-Apr -802k -0.53% 28-Apr -756k -0.50% 27-Apr 2.517m 1.94% -647k -0.43% 26-Apr -358k -0.24% Samara Capital Inc 26-Apr 1.392m 1.07% HGC Arbitrage 03-May 3.537m 2.70%
MMCap building stake 3 May 4.561m shares = 3.49% 2 May 4.244m shares = 3.27% 1 May 3.721m shares = 2.87% 27 April 3.487m shares = 2.69% 26 April 2.899m shares = 2.23%
Samara now holds 0.57% short position http://uk.advfn.com/stock-market/london/mariana-MARL/share-news/Samara-Fund-Ltd-Form-8-3-Sandstorm-Gold-Ltd/74498436
MMCap now at 3.27% http://uk.advfn.com/stock-market/london/mariana-MARL/share-news/MMCAP-International-Inc-SPC-Mmcap-International-I/74498441
Samara Fund 2.44% http://uk.advfn.com/news/share/LSE%3AMARL
Mariana Resources Ltd Further Re Rule 2.9 Announcement - Update Relevant Securities In Issue 04/05/2017 7:14am UK Regulatory (RNS & others) TIDMMARL Not for release, publication or distribution, in whole or in part, directly or indirectly, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction. Mariana Resources Ltd ("Mariana" or "the Company") Rule 2.9 Announcement - Update Relevant Securities in Issue In accordance with Rule 2.9 of the Takeover Code, as at 3 May 2017, there are the following classes and number of relevant securities in issue: -- 130,718,029 ordinary shares (excluding 190,250 ordinary shares held in treasury) of 0.1 pence in issue and admitted to trading on the London Stock Exchange. The International Securities Identification Number (ISIN) for the ordinary shares is GG00BD3GC324. -- 13,157,997 May 2016 placing warrants (May Warrants) in issue which expire on 6 May 2018. Each warrant entitles the holder to convert one warrant into one ordinary share in the Company.
Sandstorm Gold Ltd ("Sandstorm") Rule 2.9 announcement In accordance with Rule 2.9 of the City Code on Takeovers and Mergers (the "Code"), Sandstorm hereby confirms that, as at 3 May 2017, it had the following securities in issue: -- Sandstorm common shares - 151,994,269 common shares issued and outstanding of no par value. The International Securities Identification Number ("ISIN") of the common shares is CA80013R2063. Sandstorm common shares have been admitted to trading on the TSX and NYSE MKT with ticker symbols of SSL and SAND, respectively. -- Sandstorm September 2017 warrants - in issue and admitted to trading on the TSX, 5,002,500 common share purchase warrants with an exercise price of US$14.00 per common share that expire on 7 September 2017. The ISIN of the warrants is CA80013R1313. The ticker symbol for the September 2017 warrants is SSL.WT.B. -- Sandstorm November 2020 warrants - in issue and admitted to trading on the TSX, 5,043,900 common share purchase warrants with an exercise price of US$4.00 per common share that expire on 3 November 2020. The ISIN of the warrants is CA80013R1644. The ticker symbol for the November 2020 warrants is SSL.WT. -- Sandstorm March 2020 warrants - in issue but not admitted to trading on any stock exchange, 3,000,000 common share purchase warrants with an exercise price of US$4.50 per common share that expire on 23 March 2020. -- Sandstorm October 2020 warrants - in issue but not admitted to trading on any stock exchange, 15,000,000 common share purchase warrants with an exercise price of US$3.50 per common share that expire on 27 October 2020.
The following Form 8 (DD) are available for the following Directors ( Glen Parsons, John Goodwin, John Horsburgh) per the attachements below: From 8 DD Glen Parsons: http://hugin.info/137803/R/2100984/796470.pdf From 8 DD John Goodwin: http://hugin.info/137803/R/2100984/796467.pdf From 8 DD John Horsburgh: http://hugin.info/137803/R/2100984/796468.pdf This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Mariana Resources Ltd via Globenewswire
Mariana Resources Ltd ("Mariana" or "the Company") Rule 2.9 Announcement - Relevant Securities in Issue In accordance with Rule 2.9 of the Takeover Code, as at 27 April 2017, there are the following classes and number of relevant securities in issue: -- 129,815,529 ordinary shares (excluding 190,250 ordinary shares held in treasury) of 0.1 pence in issue and admitted to trading on the London Stock Exchange. The International Securities Identification Number (ISIN) for the ordinary shares is GG00BD3GC324. -- 13,657,997 May 2016 placing warrants (May Warrants) in issue which expire on 6 May 2018. Each warrant entitles the holder to convert one warrant into one ordinary share in the Company.