Mariana Resources Ltd (UK) – Issue of Equity

Issue of Equity
MARIANA RESOURCES LIMITED
15 February 2010.
AIM and PLUS: MARL

Following the exercise of options by contractors and employees, 299,328 shares have been issued at 8p per share. In addition a director, John Horsburgh exercised 150,500 options at 6p per share. Issued capital is now 128,678,063 ordinary fully paid shares.

As a result of exercising his above options Mr John Horsburgh now has an interest in 3,337,502 ordinary shares.

The table below sets out the options outstanding after the above transactions. Each option entitles the holder to acquire one ordinary share at the exercise price.

Exercise price Expiry date Number of options

Employee options

24p 31 January 2012 21,000
28p 31 January 2012 20,000
30p 31 January 2012 19,000
15p 31 October 2012 25,000
20p 31 October 2012 25,000
25p 31 October 2012 20,000
10p 31 August 2012 442,000
15p 31 August 2012 450,000
20p 31 August 2012 444,000
6p 31 May 2011 20,000
6p 31 January 2012 100,000
6p 31 October 2012 310,000
6p 30 June 2013 865,000
Total employee options 2,761,000


Directors’ options

8p 15 June 2010 400,000
15p 1 July 2010 150,000
6p 31 May 2012 433,500
10p 31 May 2012 400,000
15p 31 May 2012 300,000
20p 31 May 2012 300,000
10p 31 May 2013 300,000
15p 31 May 2013 300,000
20p 31 May 2013 300,000
6p 30 June 2013 516,000
Total directors’ options 3,399,500


Other options

25p 18 May 2010 353,548
20p 1 August 2010 164,124
15p 1 July 2010 4,221,676
5p 6 March 2010 333,333
5p 6 November 2010 333,333
5p 6 July 2011 333,334
5p 6 July 2012 1,000,000

Total other options 6,739,348
Total number of options on issue is 12,899,848

Published: 05:03 CET 15-02-2010 /HUGIN /Source: Mariana Resources Ltd /LSE: MARL /ISIN: GB00B12GJ720

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