The following amendments have been made to the "Director's and Management
Dealings" announcement released today, 10 May 2010, at 11:38am under Number
HUG1414140:
The following dates have been amended:
* 7 March 2010 to 7 May 2010,
* 8 March 2010 to 8 May 2010, and
* 7 March 2010 to 7 May 2010.
All other details remain unchanged.
The full amended text is shown below.
10 May 2010
AIM / PLUS Markets: AAU
DIRECTOR'S AND MANAGEMENT DEALINGS
Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and
development company focused on Turkey, announces that it was informed on 7 May
2010 that on that day, Dr. Kerim Sener, Director, had purchased a total of
236,857 ordinary shares of 1 pence each at a price of 2.30 pence per share. Â The
Company was also informed on 8 May 2010 that on the 7 May 2010, Mr. William
Payne, CFO, had purchased a total of 100,000 ordinary shares of 1 pence each at
a price of 2.35 pence per share.
Following this acquisition, Dr. Sener and related parties will hold 4,250,000
ordinary shares, representing a holding in the Company of 1.92%.
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 Lucas
Editors' note:
About Ariana Resources
Ariana is an exploration and development company focused on epithermal
gold-silver and porphyry copper-gold deposits in Turkey. Â The Company is
exploring a portfolio of prospective licences selected on the basis of its
in-house geological and remote-sensing database, on its own in western Turkey
and in Joint Venture with European Goldfields Limited in north-eastern Turkey.
The Company's flagship assets are its Sindirgi and Tavsan gold projects. Â Both
projects contain a series of prospects, within two prolific mineralised
districts in the Western Anatolian Volcanic and Extensional (WAVE) Province in
western Turkey. Â This Province hosts the largest operating gold mines in Turkey
and remains highly prospective for new porphyry and epithermal deposits. Â These
core projects, which are separated by a distance of 75km, are presently being
assessed as to their economic merits. Â The total resource inventory of the
Company stands at 401,000 ounces of gold equivalent.
Loeb Aron & Company Ltd. and Alexander David Securities Limited are joint
brokers to the Company and Beaumont Cornish Limited is the Company's Nominated
Adviser.
For further information on Ariana you are invited to visit the Company's website
atwww.arianaresources.com <
http://www.arianaresources.com/>.
Ends
[HUG#1414263]
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
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Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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