Placement to raise approximately GBP 2.6 million

Placement to raise approximately GBP 2.6 million

ID: 8146

(Thomson Reuters ONE) - MARIANA RESOURCES LIMITEDIncorporated in Guernsey Registered No. 44276AIM & PLUS: MARL10 November 2009 Capital raising to accelerate follow-up exploration at the Dos Calandrias gold-silver discoveryMariana Resources Ltd ("Mariana" or the "Company") is undertaking aplacement to raise approximately GBP2.6M at a price of 13p per share.The Company's broker, FinnCap, in conjunction with GMP Europe (actingas co-broker) have collectively registered demand to placeapproximately 12 million new shares. The Company's Nomad, RFC, hasalso received indicative commitments to place a further USD1 millionof shares.The Company also has pledges through a non-brokered private placementto issue an additional five million shares to existing and newinvestors.It is anticipated that final allocation will be announced shortlywith proceeds primarily to be directed towards follow-up explorationat the Dos Calandrias gold-silver project in the Deseado Massifregion of Argentina. News of this discovery was released to themarket on 19th and 28th October with the results of the first passdrill program.Commenting today, Managing Director of Mariana Resources Ltd, JohnSutcliffe said, "The level of interest in the new discovery atCalandrias Sur has been overwhelming. An accelerated follow-up fieldprogram has been designed to deliver a better understanding of theProject's potential and in return unlock further value forshareholders".ON BEHALF OF THE BOARDJohn SutcliffeManaging DirectorFor more information: RFC Corporate Finance Mariana Resources Limited Limited (Nomad) +61 2 +61 2John Horsburgh (Chairman) 9437 4588 Rob Adamson 9250 0041 +59 3 +61 2John Sutcliffe (MD) 9980 8080 Will Souter 9250 0050 St. Bride's Media FinnCap (Broker) (Public Relations)Joe Lunn (Analyst) +44 20 Felicity +44 207600 1658 Edwards 7236 1177Matthew Robinson +44 20 +44 207600 1658 Hugo De Salis 7236 1177Or visit website at www.marianaresources.com---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 10.11.2009 - 08:18 Uhr
Sprache: Deutsch
News-ID 8146
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Issue on exercise of options ...

MARIANA RESOURCES LIMITED 11 December 2009. AIM and PLUS: MARL Following the exercise of employee options, 34,000 shares have been issued at 10p per share. Issued capital is now 123,928,235. The table below sets out the options outstanding aft ...

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