Amara Mining plc Issue of Consideration Shares

LONDON, UNITED KINGDOM -- (Marketwired - Nov 20, 2013) - Amara Mining plc ("Amara" or "the Company")

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
+44 (0)20 7398 1420
Catherine Apthorpe, Company Secretary
Katharine Sutton, Head of Investor Relations

Canaccord Genuity Limited
+44 (0)20 7523 8000
(Nominated Adviser & Broker, London)
Neil Elliot
Chris Fincken
Joe Weaving

Bell Pottinger - Pelham
+44 (0)20 7861 3232
(Financial Public Relations)
Charlie Vivian
James Macfarlane


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



CONTACT INFORMATION

RNS
Customer
Services
0044-207797-4400
Email Contact
http://www.rns.com