SOURCE: Amara Mining plc

September 10, 2013 12:25 ET

Amara Mining PLC: Holding(s) in Company

LONDON--(Marketwired - Sep 10, 2013) - Amara Mining PLC (TSX: AMZ)






For Immediate Release                                  10 September 2013



                             AMARA MINING PLC
                ("AMA LN" or the "Company" or the "Group")
                          Holding(s) in Company


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer            Amara
of existing shares to which voting rights are                 Mining
attached: ii                                                  PLC

2 Reason for the notification (please tick the appropriate box or
boxes):

An acquisition or disposal of voting rights                    x

An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued
to which voting rights are attached

An acquisition or disposal of instruments with similar
economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the                     Libra
notification obligation: iii                                 Advisors,
                                                             LLC
4. Full name of shareholder(s)                           Libra Fund, LP
(if different from 3.):iv

5. Date of the transaction and date on                 September 6, 2013
which the threshold is crossed or
reached: v

6. Date on which issuer notified:                      September 9, 2013

7. Threshold(s) that is/are crossed or                       6%
reached: vi, vii



8. Notified details:
A: Voting rights attached to shares viii, ix

Class/type     Situation previous
of shares      to the triggering
               transaction

if possible    Number of   Number of
using ISIN     Shares      Voting Rights
CODE

Common         11,832,694  11,832,694
Resulting situation after the triggering transaction

Number of     Number of voting        %of voting rights
Shares        rights

Direct        Direct    Indirect      Direct     Indirect

9,940,770     9,940,770               5.91%


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction

Type of financial   Expiration date xiii    Exercise/Conversion
instrument                                  Period xiv


Number of voting rights that may be         % of voting rights
acquired if the instrument is excercised/
converted.


C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial   Exercise   Expiration   Excercise/Conversion
instrument          price      date xvii    period


Number of voting rights         % of voting rights
instrument refers to            Nominal    Delta



Total (A+B+C)

Number of voting rights                 Percentage of voting rights
9,940,770                               5.91%






9. Chain of controlled undertakings through which the voting rights and
/or the financial instruments are effectively held, if applicable: xxi

Libra Fund, LP: 9,940,770



Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:

14. Contact name:                                         Ranjan Tandon

15. Contact telephone number:                             212-350-5125




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

END

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