Newly minted distributor A24 has acquired North American rights to Sally Potter’s coming of age drama “Ginger & Rosa.”

Pic, starring Elle Fanning, had its world premiere at the Telluride Film Festival followed by a special presentation at the Toronto International Film Festival. It will also screen Oct. 8 as part of the New York Film Festival.

The film also stars Alice Englert, Alessandro Nivola, Christina Hendricks, Timothy Spall, Oliver Platt and Annette Bening.

Story is set in London in 1962 about two teenage girls who are inseparable. They skip school together, talk about love, religion and politics and dream of lives bigger than their mothers’ domesticity.

A24 plans on doing a qualifying run of the film in 2012 for awards consideration followed by a theatrical release in early 2013. “Ginger & Rosa” was produced by Christopher Sheppard and Andrew Litvin for Adventure Pictures.

Variety’s Peter Debruge gave the pic a mixed notice in his Telluride review: “Personal to a fault, Sally Potter’s ‘Ginger & Rosa’ tells the story of two girls, born on the same day and best friends ever since, who drift apart after one decides to shag the other’s dad.”

A24 was founded this summer by film execs Daniel Katz, John Hodges and David Fenkel with plans to distribute eight to 10 titles per year, several of which will have wide theatrical releases. It announced its first acquistion on Aug. 30 by acquiring all U.S. rights to Roman Coppola’s “A Glimpse Inside the Mind of Charles Swan III” and plans a February theatrical release.

The deal for “Ginger & Rosa” was negotiated with A24 by Bart Walker and John Sloss of Cinetic Media on behalf of the filmmakers. International Sales are being handled by The Match Factory with Artificial Eye having picked up U.K. rights.