Amara Mining plc Directors' Dealings
08.07.2013 | Marketwire
LONDON -- (Marketwired - Jul 8, 2013) - Amara Mining plc (AIM: AMA) (TSX: AMZ), the dual AIM and TSX-listed West African focused gold mining company, announces that two Directors have acquired ordinary shares of 1 penny each in the Company ("Ordinary Shares").John McGloin, Executive Chairman, acquired 201,899 Ordinary Shares at 9.85pence per share. Following this transaction, Mr McGloin and persons connected to him are interested in 284,065 Ordinary Shares representing approximately 0.17 per cent of the Company's issued ordinary share capital, all of which are held beneficially.
Pete Gardner, Finance Director, acquired 100,000 Ordinary Shares at9.75p pence per share. Following this transaction, Mr Gardner and persons connected to him are interested in 168,289Ordinary Shares representing approximately 0.10 per cent of the Company's issued ordinary share capital, all of which are held beneficially.
Amara (formerly Cluff Gold) is a gold developer-producer with assets in West Africa. The Company generates significant cash flow through its Kalsaka gold mine in Burkina Faso, where the production profile has been enhanced by the recent acquisition of the neighbouring Sega project. Amara remains focused on its objective of becoming a mid-tier producer through the development of its Baomahun project in Sierra Leone and its Yaoure project in Cote d'Ivoire. With its experience of bringing new mines into production and a project pipeline spanning three countries, Amara aims to further increase its production profile with its highly prospective exploration work across all assets.
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)
Andrew Chubb, Joe Weaving, Tim Redfern
Pelham Bell Pottinger
+44 (0)20 7861 3232
(Financial Public Relations)
Charlie Vivian, James Macfarlane, About Amara Mining plc
This information is provided by RNS
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