14 May 2010
AIM / PLUS Markets: AAU
DIRECTOR'S DEALINGS
Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and
development company focused on Turkey, announces that it was informed today that
on 12 May 2010, Michael de Villiers, Director, purchased a total of 164,000
ordinary shares of 1 pence each at a price of 3 pence per share.
Following this acquisition, Mr. de Villiers will hold 2,249,142 ordinary shares,
representing a holding in the Company of 1%.
The Company also announces that it has issued and allotted 100,000 shares at 3
pence per share to Michael Spriggs, Director, in lieu of salary. Â Following this
issue Mr. Spriggs will hold 619,072 ordinary shares, representing a holding in
the Company of 0.3%.
Application has been made to the London Stock Exchange for the new ordinary
shares which will rank, pari passu, with all existing ordinary shares to be
admitted to trading. Â Admission is expected on or around 20 May 2010.
There will be 221,734,101 shares in issue following this issue and allotment.
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#1415918]
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