21 February 2011
AIM / PLUS Markets: AAU
SHAREHOLDING
Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and
development company focussed on Turkey, was informed today that following the
purchase of 2,105,263 ordinary shares in Ariana via the Placing announced on 18
February 2011, Starvest plc is now the beneficial holder of 19,561,263 ordinary
shares or 7.81% of the issued share capital.
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
Jonathan Willis-Richards / Frank Lucas
St Brides Media & Finance Ltd Tel: 020 7236 1177
Hugo de Salis / Susie Geliher
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 and now form part of a Joint Venture with
Proccea Construction Co. Â The total resource inventory of the Company stands at
448,000 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.
Ends
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ariana Resources plc via Thomson Reuters ONE
[HUG#1490936]
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