20 Nov 2013 15:45
20 November 2013 AIM:AMA
Amara Mining plc
("Amara" or "the Company")
Issue of Consideration Shares
Further to the announcement of 07 November 2013 regarding Amara's proposed acquisition of AUMJ Limited from Amlib Holdings plc ("Amlib"), the Company announces that it has today made application to the London Stock Exchange for 51,846,782 new ordinary shares of 1 penny each ("Consideration Shares"), being the consideration shares to be issued to Amlib, to be admitted to trading on AIM ("Admission"). The Consideration Shares will rank pari passu with the existing ordinary shares and it is expected that Admission will become effective on 26 November 2013.
Following this notification and upon completion of the transaction, the Company will have 219,960,248 ordinary shares in issue.
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) Neil Elliot Chris Fincken Joe Weaving
| +44 (0)20 7523 8000 |
Bell Pottinger - Pelham (Financial Public Relations) Charlie Vivian James Macfarlane | +44 (0)20 7861 3232 |