Mano River Resources Inc.
TSX VENTURE : MNO
AIM : MANA

Mano River Resources Inc.

May 15, 2009 09:25 ET

Mano River and African Aura Announce Extension to the Deadline to Conclude Definitive Agreement

LONDON, UNITED KINGDOM--(Marketwire - May 15, 2009) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES

Mano River Resources Inc. ("Mano" or the "Company") (TSX VENTURE:MNO)(AIM:MANA) and African Aura Resources Ltd. ("African Aura") (TSX VENTURE:AAZ) announced today that they have extended the deadline, to conclude procedural matters, from May 15, 2009 to June 12, 2009 in respect of their proposed business combination (the "Transaction"). The principal terms of the transaction will remain unchanged.

Please refer to the news releases of Mano River and African Aura dated April 15, 2009 for more information on the Transaction.

About Mano River

Mano River is an established West African exploration and development company with a primary listing on the TSX-V (MNO) and a secondary listing on London's AIM (MANA). Mano River is focused on the discovery of world-class gold, diamond and iron ore deposits in the highly prospective, under explored, West African Mano River Union countries of Liberia, Sierra Leone and Guinea. Mano River has a highly motivated and experienced team with a record of discovering mines and taking projects towards development and production.

Mano River's major assets are the gold deposit at New Liberty and the Putu iron ore project, both in Liberia. In Guinea, through its 60% owned subsidiary, Stellar Diamonds, the Mandala alluvial diamond mine was commissioned during April 2009 for commercial production. In Sierra Leone, Stellar is exploring / developing the Kono and Tongo kimberlite dykes. Mano River also has a number of other promising projects which it plans to advance in the short to medium term.

A pioneer company in West Africa, Mano River has attracted some excellent strategic partners, particularly in iron ore and on its diamond properties, always with the objective of preserving or enhancing shareholder value. More information can be found on line at www.manoriver.com and at SEDAR's website: www.sedar.com.

About African Aura

African Aura (TSX VENTURE:AAZ) has a 'first-mover' exploration strategy, focused on the discovery of economic iron, gold, and uranium deposits in sub-Saharan Africa. African Aura commenced exploration in 2004 and has established a portfolio of exploration licences totalling approximately 9,480km2, targeting areas of active artisanal gold mining within Archaean greenstone and Proterozoic volcano-sedimentary belts. The portfolio includes the 12km long Nkout iron project in southern Cameroon, the Batouri gold project in eastern Cameroon, the Fula Camp gold project in western Liberia, and a pipeline of significant prospects for drill testing, as well as numerous other gold, uranium and iron ore targets that require follow up exploration. African Aura trades on the TSX-V under the symbol AAZ. More information can be found on line at www.african-aura.com and at SEDAR's website: www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Mano River Resources Inc.
    Luis da Silva
    CEO
    +44 (0) 20 7299 4212
    www.manoriver.com
    or
    Evolution Securities Limited
    Simon Edwards
    +44 (0) 20 7071 4300
    or
    Evolution Securities Limited
    Chris Sim
    +44 (0) 20 7071 4300
    or
    Evolution Securities Limited
    Neil Elliot
    +44 (0) 20 7071 4300
    or
    Pelham Public Relations
    Charles Vivian
    +44 (0) 20 7337 1500
    Mob: +44 (0) 7797 297903
    or
    Pelham Public Relations
    James MacFarlane
    +44 (0) 20 7337 1500
    Mob: +44 (0) 7797 297903
    or
    African Aura Resources Ltd
    John Gray
    President & CEO
    +44 (0) 1235 511 915
    Mob: +44 (0) 779 616 7811