Combination of Areva's International Gold Producing Assets With La Mancha Resources Inc. to Create an International Diversified Gold Producer

Vancouver, Canada (ots/PRNewswire) - La Mancha Resources Inc. ("La
Mancha"), and Areva today announced that they have agreed on
certain terms to combine the international gold producing and
exploration assets of Areva located in Australia, Sudan and Côte
D'Ivoire with La Mancha's Argentina exploration assets, in exchange
for Areva receiving 83,175,000 La Mancha common shares and 7 million
warrants to purchase La Mancha common shares at an exercise price of
CAD$2.00, expiring on the second anniversary of closing of the
transaction. Following the completion of the transaction and after
the issue of other shares in connection with the transaction
inclusive of a financing, Areva will own at least 60% of the fully
diluted equity (excluding the 7 million warrants) of the enlarged
company. Attributable gold production exceeded 100,000 ounces for
both 2004 and 2005.

The transaction includes a private placement of La Mancha common
shares of CAD$40 million at $1.50 per share raised through a banking
syndicate led by Ocean Equities Ltd. of London, England, that will
result in the Company having no debt, substantial cash flow from its
operations, and funds for a significantly expanded series of
programs for exploration and mine development projects.

The transaction is subject to, among other conditions, completion
of satisfactory due diligence by both parties, the parties
completing a definitive agreement to effect the transaction,
approval by competent corporate body of Areva, approval by La Mancha
shareholders, and acceptance by regulatory authorities.

Technical reports on the four principal mining projects conforming
to National Instrument 43-101 are being finalized and will be made
public upon regulatory acceptance.

An information circular will be delivered to La Mancha
shareholders in the coming weeks following the setting of a date for
the requisite shareholder meeting. The transaction is anticipated to
close prior to the end of May, 2006.

ON BEHALF OF THE BOARD

Walter H. Berukoff

Chairman and CEO

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

TSX Venture Exchange Symbol: LMA

ots Originaltext: La Mancha Resources Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: please visit our website at
www.lamancharesources.com, or contact the Company at Tel:
+1-(604)-998-1250 or Fax: +1-(604)-998-1253 or email:
info@lamancharesources.com


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