Ariana Resources plc: Issue of Equity, Directors' Dealings | Company Announcements

Friday 07 August, 2009

Ariana Resources plc

Issue of Equity, Directors' Dealings





7 August 2009
AIM / PLUS Markets: AAU

                           ISSUE OF SHARES
                         DIRECTORS' DEALINGS


Pursuant to the authorities granted at the Annual General Meeting  of
the Company held on 29 June  2009, the Board of Ariana Resources  plc
("Ariana" or  "the Company"),  the gold  exploration and  development
company focused on Turkey, today  announces the issue of 855,216  new
Ordinary Shares of 1 pence each at a price of 2 pence per share and 3
pence per share for  salaries due to Directors  and staff during  the
first and second quarters of 2009 ("the Share Issue").  As set out in
the Annual Report  & Accounts 2008,  this came about  as a result  of
certain Directors deferring  a portion of  their salaries during  the
first quarter and the  shares have been issued  at the average  price
during the quarter to satisfy the amount deferred.

Following the Share  Issue, the Directors'  shareholdings will be  as
follows:


+-------------------------------------------------------------------+
|             | Shares issued under | Shareholding  | Percentage    |
|             | the Share Issue     | following the | holding       |
|             |                     | Share Issue   | of     issued |
|             |                     |               | shares        |
|             |                     |               | following the |
|             |                     |               | Share  Issue  |
|-------------+---------------------+---------------+---------------|
| Kerim Sener | 263,143, of which   | 4,013,143     | 2.80%         |
| *           | 161,290 were issued |               |               |
|             | @ 2p, and 101,853 @ |               |               |
|             | 3p                  |               |               |
|-------------+---------------------+---------------+---------------|
| Michael     | 131,572, of which   | 519,072       | 0.36%         |
| Spriggs     | 80,645 were issued  |               |               |
|             | @ 2p, and 50,927 @  |               |               |
|             | 3p                  |               |               |
|-------------+---------------------+---------------+---------------|
| Michael  de | 263,143, of which   | 2,085,143     | 1.45%         |
| Villiers    | 161,290 were issued |               |               |
|             | @2p and 101,853 @3p |               |               |
+-------------------------------------------------------------------+


* Kerim  Sener's  shareholding  currently  includes  shares  held  by
related parties.



Application will be  made to the  London Stock Exchange  for the  new
Ordinary Shares  to be admitted to trading on AIM.  It is anticipated
that Admission will become effective and dealings will commence on or
around 14 August 2009.  The new Ordinary Shares will rank pari passu,
in all respects, with the existing Ordinary Shares that are currently
in issue and are traded on AIM.  Following admission of these shares,
there will be a total of 143,110,294 Ordinary Shares in issue.


Contacts:


Ariana Resources plc               Tel: 020 7407 3616
Michael Spriggs, Chairman
Kerim Sener, Managing Director

Beaumont Cornish Limited           Tel: 020 7628 3396
Roland Cornish

Lothbury Financial                 Tel: 020 7011 9411
Michael Padley / Libby Moss

Alexander David Securities Limited Tel: 020 7448 9820
Nick Bealer / David Scott

Loeb Aron & Company Ltd            Tel: 020 7628 1128
Peter Freeman / Frank Lucas


Editors' note:

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  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

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