AIM / PLUS Markets: AAU
SUBSTANTIAL SHAREHOLDING
Ariana Resources plc ("the Company"), the gold exploration company focused on Turkey, announces that it received notification on 13 February 2008 that Starvest plc, further to an acquisition of 3,000,000 Shares on 11 February 2008, now owns 12,256,000 Shares, representing a holding in the Company's issued share capital of 17.19%.
Contacts:
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Ariana Resources plc |
Tel: 020 7407 3616 |
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Michael Spriggs, Chairman |
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Kerim Sener, Managing Director |
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Beaumont Cornish Limited |
Tel: 020 7628 3396 |
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Roland Cornish |
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Bankside Consultants |
Tel: 020 7367 8888 |
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Michael Padley / Louise Davis |
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Loeb Aron & Company Limited |
Tel: 020 7628 1128 |
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Peter Freeman / Frank Lucas |
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City Capital Corporation Limited |
Tel: 020 7842 5867 |
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Charles Dampney |
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King & Shaxson Capital Limited |
Tel: 020 7426 5986 |
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Editors' note:
About Ariana Resources
Ariana is a dynamic exploration company focused on the discovery and development of epithermal gold-silver and porphyry copper-gold deposits with multi-million ounce potential within the Tethyan metallogenic belt of Turkey. The Company has a portfolio of prospective licences selected on the basis of its advanced in-house remote sensing database.
The Company's flagship asset is the Sindirgi Gold Project, which targets a series of prospects, within a prolific mineralised district in western Turkey. The project hosts over 45km of gold-silver bearing epithermal quartz veins.
Loeb Aron & Company Limited, City Capital Corporation Limited and King & Shaxson Capital 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 at www.arianaresources.com.