Rambler Exercises Warrants in Support of Mariti...
FOR: RAMBLER METALS & MINING PLC
TSX VENTURE SYMBOL: RAB
AIM SYMBOL: RMM
July 18, 2013
Rambler Exercises Warrants in Support of Maritime's Work Program on the Green Bay Gold Property
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwired - July 18, 2013) - Rambler Metals and
Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') would like to announce that it has exercised
588,230 warrants at $0.25 CAD representing one common share each of Maritime Resources Corp. (TSX VENTURE:MAE)
('Maritime'). The proceeds of the exercise will help fund the 2013 work program which has been developed to
further advance the Green Bay Gold Property and the previously producing Hammerdown gold mine in particular.
Following the exercising Rambler will hold 5,751,460 shares representing 18.44% of the outstanding shares of
Maritime.
Further information on the Green Bay Gold Property can be found on Maritime's website at
www.maritimeresourcescorp.com along with the NI43-101 Compliant Technical Report recently filed on SEDAR on 11
July 2013.
ABOUT RAMBLER METALS AND MINING
Rambler is a mining and development Company that in 2012 brought its first mine into commercial production. The
group has a 100% ownership in the Ming Copper-Gold Mine, a fully operational copper and gold processing mill
and year round bulk storage and shipping facility all located on the Baie Verte peninsula, Newfoundland and
Labrador, Canada.
Our Company Vision is to be Atlantic Canada's leading mine operator and resource developer through the
expansion of the Ming Mine, discovering new deposits and through mergers and acquisitions. Rambler listed on
the London AIM in 2005 and Toronto TSX-V in 2007.
ABOUT MARITIME RESOURCES CORP.
Maritime Resources holds a 100% interest in the Green Bay property group which hosts the past producing
Hammerdown gold mine, the Orion gold deposit, separated by a 1.5 km distance, and the Lochinvar base / precious
metals deposit.
Hammerdown itself was successfully mined by Richmont Mines between 2000 and 2004 with gold prices averaging
$325 US per ounce. During its operation a total of 291,400 tonnes of ore were mined and milled, at an average
head grade of 15.83 g/t gold, recovering a total of 143,000 ounces during its life. All ore was processed at
the Nugget Pond mill, now owned and operated by Rambler Metals and Mining, with an average gold recovery of
97.1%. Mining concluded in 2004 due to low gold prices with mineralization remaining, although uneconomic at
that time. The Orion gold deposit consists of two main vein systems, both of which are open along strike, up
and down plunge.
Larry Pilgrim, P.Geo., is the Qualified Person responsible for the technical content of this release and has
reviewed and approved it accordingly. Mr. Pilgrim is an independent consultant contracted by Rambler Metals and
Mining plc.
Tonnes referenced are dry metric tonnes unless otherwise indicated.
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements:
Certain information included in this press release, including information relating to future financial or
operating performance and other statements that express the expectations of management or estimates of future
performance constitute "forward-looking statements". Such forward-looking statements include, without
limitation, statements regarding the financial strength of the Company, estimates regarding timing of future
development and production and statements concerning possible expansion opportunities for the Company. Where
the Company expresses or implies an expectation or belief as to future events or results, such expectation or
belief is expressed in good faith and believed to have a reasonable basis. However, forward-looking statements
are subject to risks, uncertainties and other factors, which could cause actual results to differ materially
from future results expressed, projected or implied by such forward-looking statements. Such risks include, but
are not limited to, interpretation and implications of drilling and geophysical results; estimates regarding
timing of future capital expenditures and costs towards profitable commercial operations. Other factors that
could cause actual results, developments or events to differ materially from those anticipated include, among
others, increases/decreases in production; volatility in metals prices and demand; currency fluctuations; cash
operating margins; cash operating cost per pound sold; costs per ton of ore; variances in ore grade or recovery
rates from those assumed in mining plans; reserves and/or resources; the ability to successfully integrate
acquired assets; operational risks inherent in mining or development activities and legislative factors
relating to prices, taxes, royalties, land use, title and permits, importing and exporting of minerals and
environmental protection. Accordingly, undue reliance should not be placed on forward-looking statements and
the forward-looking statements contained in this press release are expressly qualified in their entirety by
this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and
the Company does not undertake any obligation to update publicly or revise any such forward-looking statements
or any forward-looking statements contained in any other documents whether as a result of new information,
future events or otherwise, except as required under applicable securities law.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Rambler Metals and Mining plc
George Ogilvie, P.Eng.
President and CEO
709-800-1929 or 709-800-1921
OR
Rambler Metals and Mining plc
Corporate Office
+44 (0) 20 8652-2700
+44 (0) 20 8652-2719 (FAX)
www.ramblermines.com
OR
Cantor Fitzgerald Europe
Stewart Dickson / Jeremy Stephenson
+44 (0) 20 7894 7000
OR
Pelham Bell Pottinger
Marcin Zydowicz
+44 (0) 20 7861 3921
OR
Ocean Equities Limited
Guy Wilkes
+44 (0) 20-7786-4370
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Rambler Metals & Mining Plc
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