Business
Substantial Shareholding
Substantial Shareholding.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n \n\n\n\n25 February 2009\nAIM / PLUS Markets: AAU\n\n SUBSTANTIAL SHAREHOLDING\n\nAriana Resources plc (\"the Company\"), the gold exploration and\ndevelopment company focused on Turkey, announces that the Company\nwere informed on 24 February 2009 that European Goldfields Limited\nwas the beneficial holder of 28,271,016 ordinary shares, or 19.87% of\nthe issued share capital.\n\n\nContacts:\n\n\nAriana Resources plc Tel: 020 7407 3616\nMichael Spriggs, Chairman\nKerim Sener, Managing Director\n\nBeaumont Cornish Limited Tel: 020 7628 3396\nRoland Cornish\n\nLothbury Financial Tel: 020 7011 9411\nMichael Padley / Louise Davis\n\nAlexander David Securities Limited Tel: 020 7448 9820\nNick Bealer / David Scott\n\nLoeb Aron & Company Ltd Tel: 020 7628 1128\nPeter Freeman / Frank Lucas\n\n\nEditors' note:\n\nAbout Ariana Resources\n\nAriana is an exploration and development company focused on\nepithermal gold-silver and porphyry copper-gold deposits in Turkey.\nThe Company is exploring a portfolio of prospective licences selected\non the basis of its in-house geological and remote-sensing database,\non its own in western Turkey and in Joint Venture with European\nGoldfields Limited in north-eastern Turkey.\n\nThe Company's flagship assets are its Sindirgi and Tavsan gold\nprojects. Both projects contain a series of prospects, within two\nprolific mineralised districts in the Western Anatolian Volcanic and\nExtensional (WAVE) Province in western Turkey. This Province hosts\nthe largest operating gold mines in Turkey and remains highly\nprospective for new porphyry and epithermal deposits. These core\nprojects, which are separated by a distance of 75km, are presently\nbeing assessed as to their economic merits. The total resource\ninventory of the Company stands at 401,000 ounces of gold\nequivalent.\n\nLoeb Aron & Company Ltd. and Alexander David Securities Limited are\njoint brokers to the Company and Beaumont Cornish Limited is the\nCompany's Nominated Adviser.\n\nFor further information on Ariana you are invited to visit the\nCompany's website at www.arianaresources.com.\n\nEnds\n\n---END OF MESSAGE---\n\n\n\n\nThis announcement was originally distributed by Hugin. The issuer is \nsolely responsible for the content of this announcement.\n\n\n\n\n \n ","length":2538,"tagName":"div"}]