SOURCE: La Mancha Resources

La Mancha Resources

September 11, 2012 08:45 ET

Weather II Announces Commencement of Compulsory Acquisition

MONTREAL--(Marketwire - Sep 11, 2012) -  On July 18, 2012, 0944289 B.C. Ltd. (the "Offeror"), a wholly owned subsidiary of Weather Investments II S.à r.l., made an offer (as extended pursuant to the notice of extension dated August 28, 2012) (the "Offer") to purchase all of the issued and outstanding common shares of La Mancha Resources Inc. ("La Mancha") other than the common shares directly or indirectly owned by the Offeror or its affiliates (collectively, the "La Mancha Shares").

The Offer was accepted by La Mancha shareholders who held, in aggregate, more than 98.99% of the outstanding La Mancha Shares. The Offeror is therefore entitled under Canadian law to compulsorily acquire outstanding La Mancha Shares not accepted under the Offer.

About Weather Investments II S.à r.l.
Weather Investments II S.à 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

COMMENCEMENT OF COMPULSORY ACQUISITION: http://hugin.info/145163/R/1640087/527960.pdf

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