Interim Results for the period ended 30 June 2014

 

30 September 2014
AIM: AAU

INTERIM RESULTS FOR THE PERIOD ENDED 30 JUNE 2014

Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and development company focused on Turkey, announces its interim results for the six months ended 30 June 2014.

Highlights

• Continued advancement of the Red Rabbit Gold Project ("RRGP")
• Secured 100% financing for the RRGP mine at Kiziltepe - US$33 million overall credit agreement completed with international Turkish investment bank
• Mining Licence renewed up to April 2034 (providing mining operations commence within the first five years of the licence)
• Attractive investment incentives approved (including significant reductions in corporation tax and exemptions from customs duties and VAT) by the Turkish Government for Kiziltepe
• Continued progress across exploration and development portfolio - new mineralised zones discovered at Kizilcukur and Karakavak, within the Kiziltepe Sector of the RRGP

To view the Company's financial statements for the period ended 30 June 2014 please visit; http://www.arianaresources.com/investors/financials.

Contacts:

Ariana Resources plc	Tel: [phone]
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited	Tel: [phone]
Roland Cornish / Felicity Geidt
Beaufort Securities Limited	Tel: [phone]
Saif Janjua
Loeb Aron & Company Ltd.	Tel: [phone]
John Beresford-Peirse / Dr. Frank Lucas
St Brides Media & Finance Ltd	Tel: [phone]
Susie Geliher / Lottie Brocklehurst

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ariana Resources plc via Globenewswire

HUG#1859615