Issue of Equity
(Thomson Reuters ONE) - 20 January 2010AIM / PLUS Markets: AAU ISSUE OF EQUITYAriana Resources plc ("Ariana" or "the Company"), the gold exploration anddevelopment company focused on Turkey, announces the issue, today, of 21,425 newOrdinary Shares of 1p per share ("Ordinary Shares") at a price of 3p perOrdinary Share as a result of the exercise of warrants issued following theSpecial Resolution passed at the Annual General Meeting ("AGM") on the 29th June2009.Application will be made to the London Stock Exchange for the new OrdinaryShares to be admitted to trading on AIM. It is anticipated that Admission willbecome effective and dealings will commence on or around 29th January 2010. Thenew Ordinary Shares will rank pari passu, in all respects, with the existingOrdinary Shares that are currently in issue and are traded on AIM. Followingadmission of these shares, and the placing shares as announced this morning,there will be a total of 171,070,664 Ordinary Shares in issue.Contacts: Ariana Resources plc Tel: 020 7407 3616 Michael Spriggs, Chairman Kerim Sener, Managing Director Beaumont Cornish Limited Tel: 020 7628 3396 Roland Cornish Alexander David Securities Limited Tel: 020 7448 9820 Nick Bealer / David Scott Loeb Aron & Company Ltd Tel: 020 7628 1128 Peter Freeman / Frank LucasEditors' note:About Ariana ResourcesAriana is an exploration and development company focused on epithermalgold-silver and porphyry copper-gold deposits in Turkey. The Company isexploring a portfolio of prospective licences selected on the basis of itsin-house geological and remote-sensing database, on its own in western Turkeyand in Joint Venture with European Goldfields Limited in north-eastern Turkey.The Company's flagship assets are its Sindirgi and Tavsan gold projects. Bothprojects contain a series of prospects, within two prolific mineraliseddistricts in the Western Anatolian Volcanic and Extensional (WAVE) Province inwestern Turkey. This Province hosts the largest operating gold mines in Turkeyand remains highly prospective for new porphyry and epithermal deposits. Thesecore projects, which are separated by a distanceof 75km, are presently beingassessed as to their economic merits. The total resource inventory of theCompany stands at 401,000 ounces of gold equivalent.Loeb Aron & Company Ltd. and Alexander David Securities Limited are jointbrokers to the Company and Beaumont Cornish Limited is the Company's NominatedAdviser.For further information on Ariana you are invited to visit the Company's websiteatwww.arianaresources.com
Datum: 20.01.2010 - 13:19 Uhr
Sprache: Deutsch
News-ID 11197
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