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DIRECTORS' DEALINGS

8 Jul 2013 13:40

RNS Number : 8166I
Amara Mining PLC
08 July 2013
 



08 July 2013 AIM:AMA / TSX:AMZ

 

 

 

 

 

 

 

Amara Mining plc

("Amara" or "the Company")

 

DIRECTORS' DEALINGS

 

Amara Mining plc, the dual AIM and TSX-listed West African focused gold mining company, announces that two Directors have acquired ordinary shares of 1 penny each in the Company ("Ordinary Shares").

 

John McGloin, Executive Chairman, acquired 201,899 Ordinary Shares at 9.85 pence per share. Following this transaction, Mr McGloin and persons connected to him are interested in 284,065 Ordinary Shares representing approximately 0.17 per cent of the Company's issued ordinary share capital, all of which are held beneficially.

 

Pete Gardner, Finance Director, acquired 100,000 Ordinary Shares at 9.75p pence per share. Following this transaction, Mr Gardner and persons connected to him are interested in 168,289 Ordinary Shares representing approximately 0.10 per cent of the Company's issued ordinary share capital, all of which are held beneficially.

 

For more information please contact:

Amara Mining plc

Catherine Apthorpe, Company Secretary

Katharine Sutton, Head of Investor Relations

 

+44 (0)20 7398 1420

Canaccord Genuity Limited

(Nominated Adviser & Broker, London)

Andrew Chubb

Joe Weaving

Tim Redfern

 

+44 (0)20 7523 8000

Pelham Bell Pottinger

(Financial Public Relations)

Charlie Vivian

James Macfarlane

+44 (0)20 7861 3232

 

About Amara Mining plc

Amara (formerly Cluff Gold) is a gold developer-producer with assets in West Africa. The Company generates significant cash flow through its Kalsaka gold mine in Burkina Faso, where the production profile has been enhanced by the recent acquisition of the neighbouring Sega project. Amara remains focused on its objective of becoming a mid-tier producer through the development of its Baomahun project in Sierra Leone and its Yaoure project in Côte d'Ivoire. With its experience of bringing new mines into production and a project pipeline spanning three countries, Amara aims to further increase its production profile with its highly prospective exploration work across all assets.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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