LONDON--(Marketwire - November 13, 2012) -
PRESS RELEASE - November 13, 2012
All amounts expressed in Canadian$ unless otherwise indicated
WeatherII Completes Compuslory Acquisition of La Mancha Shares
LUXEMBOURG, November 13,2012: Weather Investments II S.a r.l.
("WeatherII" or the"Company") and its indirect wholly-owned
subsidiary, 0944289 B.C. Ltd. (the "Offeror"), announced today that it
has acquired the remaining 1,436,204 common shares (the "La Mancha
Shares") of LaMancha Resources Inc. (TSX: LMA) ("LaMancha") not
already owned by Weather II or its affiliates, representing
approximately 1.01% of the outstanding La Mancha Shares on a
fully-diluted basis, pursuant to a previously announced compulsory
acquisition under the Business Corporations Act (British Columbia). As
a result of such acquisition, Weather II and its affiliates now
collectively own 142,725,850 La Mancha Shares, representing 100% of the
outstanding La Mancha Shares on a fully diluted basis.
The La Mancha Shares have been delisted from the Toronto Stock Exchange
("TSX") at the close of business (Toronto time) on November 12, 2012
and from the Deutsche Borse AG ("DTB") at the close of business
(Frankfurt time) on November 12, 2012. The Offeror intends to cause La
Mancha to apply to the relevant securities commissions for it to cease
to be a reporting issuer in all applicable jurisdictions in Canada
following the delisting from the TSX and DTB.
The Offeror is an indirect wholly-owned subsidiary of WeatherII. Its
registered office is 800-885 West Georgia Street, Vancouver,
BritishColumbia, V6C3H1. To obtain a copy of the report filed with
the Canadian securities regulatory authorities relating to the
compulsory acquisition by the Offeror of the remaining LaMancha Shares
pursuant to the Offer, contact the individuals listed below.
Weather II Public Email:firstname.lastname@example.org
Societe Generale Jan Sanders Tel: +44 20 7762 4656
(Sole Financial E-mail: email@example.com
Matthew Harker Tel: +44 20 7676 6345
This press release contains forward-looking statements relating to the
proposed acquisition of La Mancha. Statements based on management's
current expectations contain known and unknown inherent risks and
uncertainties. Actual results may vary from forecasts. The reader
should not place undue faith in forward-looking information. The
completion of the transactions contemplated by the support agreement
entered into by and between La Mancha and Weather II, dated July 13,
2012, is subject to certain conditions. Failure to complete such
transactions could have a material adverse effect on the trading price
of shares of the La Mancha.
This information is provided by RNS
The company news service from the London Stock Exchange
La Mancha Res. is a producing gold 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.