CORRECTION: Director's and Management Dealings
| May 10, 2010 CORRECTION: Director's and Management Dealings |
|||||||||||||||||||||||||
|
The following amendments have been made to the "Director's and Management Dealings" announcement released today, 10 May 2010, at 11:38am under Number HUG1414140:
The following dates have been amended:
All other details remain unchanged. The full amended text is shown below.
10 May 2010 AIM / PLUS Markets: AAU
DIRECTOR'S AND MANAGEMENT DEALINGS
Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and development company focused on Turkey, announces that it was informed on 7 May 2010 that on that day, Dr. Kerim Sener, Director, had purchased a total of 236,857 ordinary shares of 1 pence each at a price of 2.30 pence per share. The Company was also informed on 8 May 2010 that on the 7 May 2010, Mr. William Payne, CFO, had purchased a total of 100,000 ordinary shares of 1 pence each at a price of 2.35 pence per share. Following this acquisition, Dr. Sener and related parties will hold 4,250,000 ordinary shares, representing a holding in the Company of 1.92%.
Contacts:
Editors' note About Ariana Resource 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 Joint Venture with European Goldfields Limited in north-eastern Turkey. The Company's flagship assets are its Sindirgi and Tavsan gold projects. Both projects contain 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. These core projects, which are separated by a distance of 75km, are presently being assessed as to their economic merits. 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 at www.arianaresources.com.
Ends |
