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Re: News Release - Friday, May 15, 2009
Mano River and African Aura Announce Extension to the Deadline to
Conclude Definitive Agreement
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Mano River Resources Inc. ("Mano River" TSX-V:MNO & AIM:MANA) and
African Aura Resources Ltd. ("African Aura" TSX-V: AAZ) announced today
that they have extended the deadline, to conclude procedural matters,
from May 15, 2009 to June 12, 2009 in respect of their proposed
business combination (the "Transaction"). The principal terms of the
transaction will remain unchanged.
Please refer to the news releases of Mano River and African Aura dated
April 15, 2009 for more information on the Transaction.
About Mano River
Mano River is an established West African exploration and development
company with a primary listing on the TSX-V (MNO) and a secondary
listing on London's AIM (MANA). Mano River is focused on the discovery
of world-class gold,
Diamond and iron ore deposits in the highly
prospective, under explored, West African Mano River Union countries of
Liberia, Sierra Leone and Guinea. Mano River has a highly motivated and
experienced team with a record of discovering mines and taking projects
towards development and production.
Mano River's major assets are the gold deposit at New Liberty and the
Putu iron ore project, both in Liberia. In Guinea, through its 60%
owned subsidiary, Stellar Diamonds, the Mandala alluvial
Diamond mine
was commissioned during April 2009 for commercial production. In Sierra
Leone, Stellar is exploring / developing the Kono and Tongo kimberlite
dykes. Mano River also has a number of other promising projects which
it plans to advance in the short to medium term.
A pioneer company in West Africa, Mano River has attracted some
excellent strategic partners, particularly in iron ore and on its
Diamond properties, always with the objective of preserving or
enhancing shareholder value. More information can be found on line at
www.manoriver.com and at SEDAR's website: www.sedar.com.
About African Aura
African Aura (TSX-V: AAZ) has a 'first-mover' exploration strategy,
focused on the discovery of economic iron, gold, and uranium deposits
in sub-Saharan Africa. African Aura commenced exploration in 2004 and
has established a portfolio of exploration licences totalling
approximately 9,480km2, targeting areas of active artisanal gold mining
within Archaean greenstone and Proterozoic volcano-sedimentary belts.
The portfolio includes the 12km long Nkout iron project in southern
Cameroon, the Batouri gold project in eastern Cameroon, the Fula Camp
gold project in western Liberia, and a pipeline of significant
prospects for drill testing, as well as numerous other gold, uranium
and iron ore targets that require follow up exploration. African Aura
trades on the TSX-V under the symbol AAZ. More information can be found
on line at www.african-aura.com and at SEDAR's website: www.sedar.com.
ENDS
Contacts:
Mano River Resources Inc
Luis da Silva, President & CEO
Tel: +44 (0) 20 7299 4212
Evolution Securities Limited
Simon Edwards / Chris Sim / Neil Elliot
Tel: +44 (0) 20 7071 4300
Pelham Public Relations
Charles Vivian / James MacFarlane
Tel: +44 (0) 20 7337 1500
Mob: +44 (0) 7797 297903
African Aura Resources Ltd
John Gray, President & CEO
Tel: +44 (0) 1235 511 915
Cell: +44 (0) 779 616 7811
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
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Copyright (c) 2009 MANO RIVER RESOURCES INC. (MANA) All rights
reserved. For more information visit our website at
http://www.manoriver.com/ or send mailto:releases@manoriver.com
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