£5 million standby equity distribution agreement

21 January 2011
AIM / PLUS Markets: AAU

                £5 MILLION STANDBY EQUITY DISTRIBUTION AGREEMENT

Ariana  Resources  plc  ("Ariana"  or  "the  Company"), the gold exploration and
development  company  focused  on  Turkey,  is  pleased  to announce that it has
entered into a £5 million Standby Equity Distribution Agreement ("SEDA") with YA
Global  Master SPV  Ltd, an  investment fund  managed by  Yorkville Advisors LLC
("Yorkville").   This  arrangement  provides  enhanced  access  to  capital,  if
required,  for  significant  project  and  investment  decisions expected in the
medium term, as well as flexible financing for the Red Rabbit Gold Project as it
approaches the production phase.

Highlights:

  * £5  million SEDA facility  to provide an  alternative and readily accessible
    route  to  capital  at  prices  close  to market prices for project specific
    purposes.


  * SEDA  provides a platform  from which the  Company can develop its financing
    strategy  for the Red Rabbit Gold  Project, and other potential acquisitions
    and project investments.


Dr. Kerim Sener, Managing Director, commented:

"We are delighted to have to entered into the SEDA with Yorkville. The SEDA will
provide  Ariana with ready access  to capital and help  expedite the progress of
our  flagship Red Rabbit  Gold Project through  feasibility as well as enhancing
the ability of the Company to take advantage of new opportunities, some of which
are at an advanced stage of evaluation."


Details of SEDA Facility

Subject  to its  terms, the  £5 million  SEDA facility  can be drawn upon at the
discretion  of the Company.  Under  the terms of the  agreement, Ariana may draw
down  on funds over a period  of up to three years  in exchange for the issue of
New Ordinary Shares.  The Ordinary Shares issued by the Company will be at a 5%
discount  to the prevailing market  price during the 10 day  pricing period of a
draw  down.  The Company may  also set a minimum  price for each draw down.  The
maximum  advance  that  may  be  requested  is 200% of the average daily trading
volume  of Ordinary  Shares multiplied  by the  volume weighted average price of
such shares for each of the 10 trading days prior to the draw down request.  The
facility  may only  be drawn  down upon  once every  10 days.  A fee of £150,000
payable out of the first draw down secures the SEDA facility.






Contacts:

 Ariana Resources plc                     Tel: [phone]

 Michael Spriggs, Chairman

 Kerim Sener, Managing Director



 Beaumont Cornish Limited                 Tel: [phone]

 Roland Cornish



 Alexander David Securities Limited       Tel: [phone]

 Nick Bealer / David Scott



 Loeb Aron & Company Ltd                  Tel: [phone]

 Jonathan Willis-Richards / Frank Lucas



 St Brides Media & Finance Ltd            Tel: [phone]

 Hugo de Salis

 Susie Geliher




































Editors' note:

About Yorkville Advisors and Yorkville Advisors UK

Yorkville  Advisors  UK,  LLP  is  a  sub-advisor  to  the  US-based alternative
investment manager Yorkville Advisors, LLC.

Founded  in  January  2001 by  Mark  Angelo,  Yorkville specializes in providing
flexible,  innovative  debt  and  equity  investments  and financing in publicly
listed  companies in a  variety of sectors  including energy, mining, technology
media & telecommunication (TMT), healthcare and shipping.

Yorkville  tailors its financings according to  each company's need and offers a
mix of debt structures, bridge financings, asset backed loans, equity facilities
and, in some cases, equity injections.

Yorkville  has offices  in Jersey  City, New  Jersey; Jupiter,  Florida; Denver,
Colorado;  London and Hong Kong  as well as a  joint venture agreement in Milan,
Italy.

www.yorkvilleadvisors.com


About Ariana Resources

Ariana  is an  exploration and  development company  focused on epithermal gold-
silver  and porphyry copper-gold deposits in Turkey.  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 a
Joint   Venture  with  European  Goldfields  Limited  in  north-eastern  Turkey.
 European  Goldfields owns  51% of this  joint venture  and, as the operator, is
fully  funding all  exploration work  on the  JV properties  until delivery of a
feasibility study.

The  Company's  flagship  asset  is  the  Red Rabbit project, which contains the
Kiziltepe  and  Tavsan  sectors.   The  project  contains a series of prospects,
within  two prolific mineralised districts in the Western Anatolian Volcanic and
Extensional  (WAVE) Province in western Turkey.  This Province hosts the largest
operating  gold mines in Turkey and  remains highly prospective for new porphyry
and  epithermal deposits.  The Kiziltepe and Tavsan sectors, which are separated
by  a distance of 75km, are presently being assessed as to their economic merits
and  now form part of  a Joint Venture with  Proccea Construction Co.  The total
resource inventory of the Company stands at 448,000 ounces of gold equivalent.

Ariana   also   has   a   strategic   investment  in  Tigris  Resources  Limited
(www.tigrisresources.com),  a private Jersey-based exploration company, which is
focused  on the exploration of copper  and gold deposits in southeastern Turkey.
 Ariana retains 15% of Tigris Resources Limited.

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.

Ends








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Source: Ariana Resources plc via Thomson Reuters ONE

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