Weather II Announces Commencement of Compulsory Acquisition
11.09.2012 | Marketwire
MONTREAL, 09/11/12 - 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.
LaMancha 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
For further information please contact:
Weather II
Public Relations
Email: public-relation@weathertwo.com
Societe Generale
(Sole Financial Advisor)
Jan Sanders
Tel: +44 20 7762 4656
E-mail: jan.sanders@sgcib.com
Matthew Harker
Tel: +44 20 7676 6345
E-mail: matthew.harker@sgcib.com
La Mancha
Martin Amyot, SVP Corporate Development
Tel: (514) 987-5115 ext. 25
E-mail: info@lamancha.ca
Nicole Blanchard, Investor Relations
Tel: (514) 987-5115 ext. 26
E-mail: nblanchard@lamancha.ca