Amara Mining plc
AIM : AMA
TSX : AMZ

Amara Mining plc

October 03, 2012 07:00 ET

Amara Mining plc: Confirmation of Change of Ticker

LONDON, UNITED KINGDOM--(Marketwire - Oct. 3, 2012) - Amara Mining plc ("Amara" or "the Company") (AIM:AMA)(TSX:AMZ) is pleased to confirm that, following its change of name from Cluff Gold plc to Amara Mining plc as announced on 1 October 2012, the Company's ticker will change to AMA on the London Stock Exchange's AIM and to AMZ on the Toronto Stock Exchange effective as at the start of business today.

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 Burkina Faso, Côte d'Ivoire and Mali, Amara aims to further increase its production profile with its highly prospective exploration work across all assets.

This report includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation.

All statements other than statements of historical fact included in this report, including, without limitation, the positioning of the Company for future success, statements regarding exploration, production estimates and future objectives of Amara, are forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Amara's expectations include, among others, risks related to international operations, the actual results of current exploration and drilling activities, the results of the Baomahun feasibility study, changes in project parameters as plans continue to be refined as well as the future price of gold. Although Amara has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Amara does not undertake to update any forward-looking statements that are included herein, except in accordance with applicable securities laws.

Contact Information

  • Amara Mining plc
    John McGloin
    Chairman
    +44 (0)20 7398 1420

    Amara Mining plc
    Peter Spivey
    Chief Executive Officer
    +44 (0)20 7398 1420

    Amara Mining plc
    Pete Gardner
    Finance Director
    +44 (0)20 7398 1420

    Amara Mining plc
    Katharine Sutton
    Head of Investor Relations
    +44 (0)20 7398 1420

    Canaccord Genuity Limited
    John Prior
    (Nominated Adviser & Broker, London)
    +44 (0)20 7523 8350

    Canaccord Genuity Limited
    Sebastian Jones
    (Nominated Adviser & Broker, London)
    +44 (0)20 7523 8350

    Canaccord Genuity Limited
    Joe Weaving
    (Nominated Adviser & Broker, London)
    +44 (0)20 7523 8350

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

    Pelham Bell Pottinger
    Daniel Thole
    (Financial Public Relations)
    +44 (0)20 7861 3232

    Pelham Bell Pottinger
    James MacFarlane
    (Financial Public Relations)
    +44 (0)20 7861 3232