SOURCE: Amara Mining plc

November 20, 2013 10:45 ET

Amara Mining plc Issue of Consideration Shares

LONDON, UNITED KINGDOM--(Marketwired - Nov 20, 2013) -

20 November 2013                                  (AIM: AMA) / (TSX: AMZ)

                          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
+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


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