Issue of Equity
(Thomson Reuters ONE) - 10 August 2009AIM / PLUS Markets: AAU ISSUE OF SHARESAriana announces that in accordance with the terms of the SaleAgreement with Odyssey Resources Limited as announced on 13 May 2008,following the transfer of the remaining Licences (as defined in SaleAgreement) the Company have released a payment of $US50,000("Deferred Consideration") and issued the remaining 600,000 newOrdinary Shares of 1 pence each held in escrow as consideration forthese transfers ("the Consideration Issue").Application will be made to the London Stock Exchange for the newOrdinary Shares to be issued pursuant to the Placing to be admittedto trading on AIM. It is anticipated that Admission will becomeeffective and dealings will commence on or around 14 August 2009.The new Ordinary Shares will rank pari passu, in all respects, withthe existing Ordinary Shares that are currently in issue and aretraded on AIM. Following admission of these shares, there will be atotal of 143,710,294 Ordinary Shares in issue.Contacts:Ariana Resources plc Tel: 020 7407 3616Michael Spriggs, ChairmanKerim Sener, Managing DirectorBeaumont Cornish Limited Tel: 020 7628 3396Roland CornishLothbury Financial Tel: 020 7011 9411Michael Padley / Louise DavisAlexander David Securities Limited Tel: 020 7448 9820Nick Bealer / David ScottLoeb Aron & Company Ltd Tel: 020 7628 1128Peter Freeman / Frank LucasEditors' note:About Ariana ResourcesAriana is an exploration and development company focused onepithermal gold-silver and porphyry copper-gold deposits in Turkey.The Company is exploring a portfolio of prospective licences selectedon the basis of its in-house geological and remote-sensing database,on its own in western Turkey and in Joint Venture with EuropeanGoldfields Limited in north-eastern Turkey.The Company's flagship assets are its Sindirgi and Tavsan goldprojects. Both projects contain a series of prospects, within twoprolific mineralised districts in the Western Anatolian Volcanic andExtensional (WAVE) Province in western Turkey. This Province hoststhe largest operating gold mines in Turkey and remains highlyprospective for new porphyry and epithermal deposits. These coreprojects, which are separated by a distance of 75km, are presentlybeing assessed as to their economic merits. The total resourceinventory of the Company stands at 401,000 ounces of goldequivalent.Loeb Aron & Company Ltd. and Alexander David Securities Limited arejoint brokers to the Company and Beaumont Cornish Limited is theCompany's Nominated Adviser.For further information on Ariana you are invited to visit theCompany's website at www.arianaresources.com.Ends---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 10.08.2009 - 15:53 Uhr
Sprache: Deutsch
News-ID 4538
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 285 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Issue of Equity"
steht unter der journalistisch-redaktionellen Verantwortung von
Ariana Resources plc (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
