Issue of Equity

Issue of Equity

ID: 6506

(Thomson Reuters ONE) - 1 October 2009AIM / PLUS Markets: AAU ISSUE OF EQUITYAriana Resources plc ("Ariana" or "the Company"), the goldexploration and development company focused on Turkey, announces theissue, today, of 216,753 new Ordinary Shares of 1p per share("Ordinary Shares") at a price of 3p per Ordinary Share as a resultof the exercise of warrants issued following the Special Resolutionpassed at the Annual General Meeting ("AGM") on the 29th June 2009.Application will be made to the London Stock Exchange for the newOrdinary Shares to be admitted to trading on AIM. It is anticipatedthat Admission will become effective and dealings will commence on oraround 9 October 2009. The new Ordinary Shares will rank pari passu,in all respects, with the existing Ordinary Shares that are currentlyin issue and are traded on AIM. Following admission of these shares,and the placing shares as announced this morning, there will be atotal of 170,749,746 Ordinary Shares in issue.Contacts:Ariana Resources plc Tel: 020 7407 3616Michael Spriggs, ChairmanKerim Sener, Managing DirectorBeaumont Cornish Limited Tel: 020 7628 3396Roland CornishAlexander 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.



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Bereitgestellt von Benutzer: hugin
Datum: 01.10.2009 - 17:49 Uhr
Sprache: Deutsch
News-ID 6506
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