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Perseus Mining Limited-Amara Business Combination Court Approval of Scheme

Marketwired

PERTH, WESTERN AUSTRALIA--(Marketwired - April 17, 2016) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Perseus Mining Limited (PRU.TO)(PRU.TO) is pleased to announce that on Friday, April 15, 2016, the High Court of Justice in England and Wales sanctioned the scheme of arrangement between Amara Mining plc (AMA.L) ("Amara") and its shareholders ("Scheme"), in relation to the business combination of Perseus and Amara. Please refer to the announcement released by Amara on April 15, 2016, available at: http://www.amaramining.com/news/regulatory-announcements/.

Please see Perseus's announcement of April 11, 2016 for further details of the indicative timetable for the remaining steps to implement the Scheme.