La Mancha Resources

Published : August 28th, 2012

ACKNOWLEDGES WEATHER II TAKEOVER OFFER SUCCESSFUL AND DECLARED UNCONDITIONAL

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LA MANCHA ACKNOWLEDGES WEATHER II TAKEOVER OFFER SUCCESSFUL AND DECLARED UNCONDITIONAL

Please find attached the most recent La Mancha Resources press release.

 ..................

Veuillez trouver ci-joint le plus r�cent communiqu� de presse de La Mancha Resources.

LA MANCHA ACKNOWLEDGES WEATHER II TAKEOVER OFFER SUCCESSFUL

LA MANCHA RECONNA�T LE SUCC�S DE L'OFFRE


PRES
S RELEASE - August 28, 2012

All amounts expressed in Canadian$ unless otherwise indicated

LA MANCHA ACKNOWLEDGES WEATHER II TAKEOVER OFFER SUCCESSFUL
AND DECLARED UNCONDITIONAL

MONTREAL, QC, August 28, 2012: La Mancha Resources Inc. (TSX: "LMA") ("La Mancha" or the "Company") announced today that 122,739,595 common shares (the "La Mancha Shares") of La Mancha representing approximately 86% of the outstanding La Mancha Shares on a fully diluted basis have been deposited into the offer by Weather Investments II S.A R.L. ("Weather II") and its indirect wholly-owned subsidiary 0944289 B.C. Ltd. (the "Offeror") to acquire all of the La Mancha Shares at a price of C$3.50 per La Mancha Share by way of a takeover bid (the "Offer").

All of the conditions of the Offer have been satisfied and the Offeror has taken up all such deposited shares and will pay for all such shares by August 29, 2012. Weather II and its affiliates now collectively own about 122,739,595 La Mancha Shares, representing approximately 86% of the outstanding La Mancha Shares on a fully diluted basis.

The Offer has also been extended to enable remaining La Mancha shareholders to receive prompt payment of C$3.50 (cash) per La Mancha Share. The Offeror will take up and pay for any La Mancha Shares validly tendered within three business days of such tender. The Offeror intends to acquire all La Mancha Shares not tendered to the Offer following its expiry pursuant to a compulsory acquisition or a subsequent acquisition transaction.

The Offer is now open for acceptance until 5:00 p.m. (Montreal time) on September 10, 2012 (the "Expiry Time"), unless the Offer is further extended. The Offeror expects to mail a formal notice of extension shortly.

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 Minerals 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

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



LA MANCHA ACKNOWLEDGES WEATHER II TAKEOVER OFFER SUCCESSFUL
LA MANCHA RECONNA�T LE SUCC�S DE L�OFFRE




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La Mancha Resources

PRODUCER
CODE : LMA.TO
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La Mancha Res. is a gold producing company based in Canada.

La Mancha Res. holds various exploration projects in Argentina and in Australia.

Its main assets in production are WHITE FOIL, ITY, HASSAÏ and FROG'S LAKE in Australia, its main asset in development is FETEKRO in Australia and its main exploration properties are LA ORTIGUITA, BONDOUKOU, HUALILAN and ARIAB in Argentina and HASSAI VMS and PARK DAM in Australia.

La Mancha Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 499.5 millions as of today (US$ 500.2 millions, € 391.6 millions).

Its stock quote reached its lowest recent point on October 31, 2008 at CA$ 0.04, and its highest recent level on March 09, 2012 at CA$ 4.03.

La Mancha Res. has 142 716 000 shares outstanding.

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Annual reports of La Mancha Resources
Annual Report
Nominations of La Mancha Resources
4/2/2012ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
5/4/2011Appoints New COO and CFO
2/26/2007New Appointments to the Board of La Mancha
Financials of La Mancha Resources
3/28/2012POSTS RECORD NET EARNINGS OF $36.1 M AND RECORD OPERATING C...
8/8/2011POSTS RECORD NET EARNINGS FOR THE SECOND QUARTER
5/18/2011NET EARNINGS DOUBLE ON RECORD CASH FLOW FROM OPERATING ACTIV...
Project news of La Mancha Resources
2/11/2013Group implements its growth strategy in Australia: Gold prod...
11/13/2012ANNOUNCES COMPLETION OF COMPULSORY ACQUISITION BY WEATHER I...
3/27/2012MEASURED AND INDICATED RESOURCES MORE THAN DOUBLE TO 4.8 MI...
1/19/2012MEETS ITS 2011 GOLD PRODUCTION FORECAST
5/16/2011(Ity)POSITIVE FEASIBILITY STUDY FOR THE HASSA=C3=8F MINE: LA MANC...
5/9/2011(Ity)ITY MINE RESUMES OPERATION
3/29/2011(Frog's Lake)A Record Year for La Mancha in 2010 as Production Increases ...
2/24/2011(Ity)ITY Mine Update
8/23/2010(Fetekro)Intersects Grades of Up to 135 g/t Au at Its Fetekro Propert...
8/3/2010First Stages of Frog's Leg Drilling Extension Program Return...
7/29/2009(Hassaï)New Longhole Drilling Doubles the Length of La Mancha's Hass...
7/20/2009(Frog's Lake)Frog's Leg Mine to Boost its Average Annual Gold Production ...
5/26/2009(Hassaï)Confirms the Presence of a Second Enriched Zone at the Hassa...
2/17/2009(Frog's Lake)Plans to Increase Production to up to 100,000 oz of Gold in ...
1/22/2009(Frog's Lake)2008 Year End Production Increases 33% to 71,550 Ounces
1/7/2009(Hassaï)Hassai Mine Tailings Begin Adding to La Mancha's Gold Resour...
1/5/2009(Ity)Resource at La Mancha's Ity Mine Jumps 50% on Excellent Dril...
12/10/2008(Hassaï)Recent VMS Drilling Suggests the Presence of a Supergene Zon...
7/30/2008(Hassaï)Preliminary Drill Results at La Mancha's Hassai Mine Suggest...
8/8/2008(Frog's Lake)Posts its Highest Quarterly Gold Production to Date
5/13/2008(Frog's Lake)Obtains a First Gold Pour From New Australian Frog's Leg Min...
4/23/2008(Frog's Lake)Reports Wide High-Grade Intercepts 150 Meters Below Current ...
7/5/2007(Frog's Lake)Frog?s Leg?s Resource Nearly Doubles
Corporate news of La Mancha Resources
11/13/2012Offer Update
8/28/2012ACKNOWLEDGES WEATHER II TAKEOVER OFFER SUCCESSFUL AND DECLAR...
8/3/2012SECOND QUARTER GOLD PRODUCTION JUMPS 21% FROM THE PREVIOUS Q...
7/31/2012Offer Update - La Mancha TSX:LMA
7/20/2012Offer Document Posted - La Mancha TSX:LMA
7/13/2012REACHES DEFINITIVE AGREEMENT TO BE ACQUIRED BY WEATHER II AT...
6/21/2012DISCOVERS A SIGNIFICANT VMS LENS BELOW THE ODERU
6/15/2012(White Foil)WHITE FOIL PROPERTY SHOWS UNDERGROUND POTENTIAL WITH MINERA...
6/11/2012(Ity)New Drill Results at La Mancha's Ity Mine Indicate That Mine...
5/15/2012REPORTS Q1 NET EARNINGS OF $7.9 MILLION
4/9/2012ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
3/22/2012Proven and Probable Reserves Grow by 36% at La Mancha's Frog...
3/14/2012ANNOUNCES AUCTION PROCESS
2/22/2012VMS Resource Increases to 81MT Indicated and 37MT Inferred
1/31/2012Discovers a Mineralized Structure Extending Over 800M at Sis...
9/12/2011HASSA=C3=8F VMS DRILLING UPDATE: INTERSECTS 3.30M @ 94 g/t G...
7/11/2011HIGHLIGHTS IMPORTANT STEP FORWARD FOR SUDAN
6/27/2011Hassai Mine's Third Quarter Production Impacted
6/17/2011(Ity)Clarification on CIL Feasibility Study
5/3/2011NOMME UN NOUVEAU CHEF DES OPERATIONS ET UN NOUVEAU CHEF DES ...
1/14/2011RECORD GOLD PRODUCTION IN 2010
7/22/2010Confirms the Discovery of a New Gold Mineralised Zone at its...
5/12/2010Continues to Generate Profits Into 2010
11/11/2009Reports Another Strong Quarter
8/7/2009Posts Record Quarterly Net Earnings As Gold Production Rises...
2/4/2009Takes Advantage of Strong Gold Prices
2/5/2008 to Spend $10.6 Million on Exploration in 2008
5/28/2007Completes the Renewal of the Ity Mine's Mining Permit
5/16/2007Frog's Leg Results Exceed Expectations
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