SOURCE: Amara Mining plc

August 30, 2013 05:15 ET

Amara Mining PLC: Holding(s) in Company

LONDON--(Marketwired - Aug 30, 2013) -

(AIM: AMA) / (TSX: AMZ)

For Immediate Release                                    30 August 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

                                                             Libra
4. Full name of shareholder(s)                               Fund, LP
(if different from 3.):iv

5. Date of the transaction and date on                       August
which the threshold is crossed or                            16, 2013
reached: v

6. Date on which issuer notified:                            August
                                                             26, 2013

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



8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type     Situation previous
of             to the triggering
shares         transaction

               Number of Shares    Number of Voting Rights
Common         11,832,694          11,832,694


Resulting situation after the triggering transaction
Number       Number of voting          % of voting rightsx
of Shares    rights
Direct       Direct xi    Indirectxii   Direct  Indirect

11,482,694   11,482,694                 6.83%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of      Expiration   Exercise    Number of       % of voting
financial    datexiii    /Conversion  voting rights    rights
instrument                Period      that may
                                      be acquired
                                      if the instrument is
                                      exercised/ converted.




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

Resulting situation after the triggering transaction

Type of    Exercise Expiration  Exercise   Number of  % of voting rights
instrument price    datexvii   /Conversion voting rights  Nominal Delta
                                Periodxviii instrument
                                            refers to

Total (A+B+C)

Number of voting rights                 Percentage of voting rights

11,482,694                              6.83%


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

Libra Fund, LP: 11,482,694


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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