Mariana Resources Ltd: Confirmation of issue - Second tranche | Company Announcements

Friday 20 November, 2009

Mariana Resources Ltd

Confirmation of issue - Second tranche





MARIANA RESOURCES LIMITED

20 November 2009.

AIM and PLUS: MARL


Mariana Resources Limited announced on 16 November 2009, that it had
closed the placement of shares to institutional and other investors
to raise a total of £2,951,000 at a price of 13 pence per share and
confirmed the issue of the first tranche of 12,200,000 shares.

A second tranche of 7,200,000 shares has been allotted to
Australian-based investment groups which are expected to list on 23
November 2009.

The settlement of the balance of 3,300,000 shares has been delayed by
funds transfer requirements from Asia but is expected to be completed
shortly.

Following completion of the placement the Company's issued capital
will be 127,194,235 shares.

Contacts:
Mariana Resources Limited

John Horsburgh (Chairman)
+61 2 9437 4588
John Sutcliffe (MD)
+59 399 808080


FinnCap (Broker)

Matthew Robinson
+44 20 7600 1658


RFC Corporate Finance Limited (Nomad)

Rob Adamson
+61 2 9250 0041
Will Souter
+61 2 9250 0050

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