SOURCE: Weather II Investments SARL

July 20, 2012 14:36 ET

Offer Document Posted - La Mancha TSX:LMA

LONDON--(Marketwire - Jul 20, 2012) -


FOR IMMEDIATE RELEASE

July 20, 2012


WEATHER INVESTMENTS II S.A.R.L. MAILS OFFER AND TAKE-OVER BID CIRCULAR
TO LA MANCHA RESOURCES INC. SHAREHOLDERS


LUXEMBOURG - Weather Investments II S.A.R.L. ("Weather II") and La
Mancha Resources Inc. (TSX: LMA) ("La Mancha") announced today that
Weather II, through one of its wholly-owned indirect subsidiaries (the "Offeror"), 
has commenced its offer to acquire all of the outstanding
shares ("Common Shares") of La Mancha for $3.50 per Common Share in
cash (the "Offer") and mailed the Offer and take-over bid circular to
La Mancha shareholders. The directors' circular of the board of
directors of La Mancha has been concurrently mailed with the Offer and
take-over bid circular.


The board of directors of La Mancha, after receiving the recommendation
of the special committee of independent directors and a fairness
opinion from its financial advisor, has unanimously determined that the
Offer is fair to the holders of Common Shares and has agreed to
recommend to La Mancha shareholders that they accept the Offer.


The Offer will be open for acceptance until 5:00 p.m. (Montreal time)
on August 27, 2012, unless extended, and is conditional upon, among
other things, there having been validly deposited (and not withdrawn),
together with any Common Shares owned or controlled by the Offeror and
its affiliates, at least 62.8% of the outstanding Common Shares (on a
fully-diluted basis).


Full details of the Offer are contained in the take-over bid circular
of the Offeror and the La Mancha directors' circular, copies of which
are available under La Mancha's profile at  www.sedar.com .


Computershare Investor Services Inc. is the depositary for the Offer.
Shareholders can obtain copies of the take-over bid circular and
related materials at no charge from the depositary at
1-800-564-6253 or by email at  corporateactions@computershare.com . The
information agent for the Offer is Georgeson Shareholder Communications
Canada Inc. Inquires should be directed to the information agent
tollfree at 1-866-676-2882 or  askus@georgeson.com . Additional copies of
these documents may also be obtained on request from the information
agent.


About Weather Investments II S.A.R.L.

Weather Investments II S.A.R.L. is one of the many successful
businesses managed by Mr.Naguib Sawiris. The wider Sawiris Family of
Egypt have substantial indirect interests in existing operations in the
telecoms, construction and fertilizers, cement, real estate and hotel
development industries.


About La Mancha Resources Inc.

La Mancha Resources Inc. is an international gold producer based in
Canada with operations, development projects and exploration activities
in Africa, Australia and Argentina. La Mancha's shares trade on the
Toronto Stock Exchange (TSX) under the symbol "LMA". For more
information, visit the Company's website at  www.lamancha.ca .

For further information, please contact:

Weather II

Weather II Investments   Public          public-relation@weathertwo.com 
S.a.r.l                  Relations



Societe Generale         Jan Sanders    Tel: +44 20 7762 4656
(Sole Financial Advisor)                 E-mail:  jan.sanders@sgcib.com 

                         Matthew Harker Tel: +44 20 7676 6345
                                        E-mail:matthew.harker@sgcib.com


La Mancha

Corporate Development    Martin Amyot     Tel: (514)- 987-5115 ext. 25
                                          E-mail:  info@lamancha.ca 

Investor Relations       Nicole Blanchard Tel: (514)- 987-5115 ext. 26
                                          E-mail:  nblanchard@lamancha.ca 

Forward-Looking Information:

This press release contains forward-looking statements relating to the
proposed acquisition of La Mancha. Statements based on management's
current expectations contain known and unknown inherent risks and
uncertainties. Actual results may vary from forecasts. The reader
should not place undue faith in forward-looking information. The
completion of the transactions contemplated by the support agreement
entered into by and between La Mancha and Weather II, dated July 13,
2012, is subject to certain conditions. Failure to complete such
transactions could have a material adverse effect on the trading price
of shares of the La Mancha.



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

END

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