Business
Warrant Offer Closing Date
Warrant Offer Closing Date.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n \n\n\n\n15 June 2009\nAIM / PLUS Markets: AAU\n\n WARRANT OFFER CLOSING DATE\n\nAriana Resources plc (\"Ariana\" or \"the Company\"), the gold\nexploration and development company focused on Turkey, draws\nshareholders attention to the warrant offer to be approved by Special\nResolution at the Annual General Meeting (\"AGM\") on the 29th June\n2009.\n\nThe Board proposes to offer share warrants to all shareholders on the\nbasis of 1 warrant for each 5 shares held as at 27th May 2009. These\nwarrants will be for a subscription price of 3 pence and valid for 12\nmonths from date of issue. Each shareholder is invited to apply for\nwarrants on the form provided with the Annual Report that was sent to\nshareholders. All applications need to be received by no later than\nthe close of business on 25 June 2009. An over and under allotment\nwill be applied on a pro rata basis for all warrants not subscribed\nfor by the cut off date. The warrant issue will be for a maximum of\n£284,510 of nominal share capital.\n\nThe Special Resolution will authorise the Company to issue and allot\nup to 28,451,015 warrants to existing shareholders of the Company to\nsubscribe for one ordinary share at 3 pence for 12 months from the\ndate of issue. Such shareholders will have received an application\nform which must be completed and returned to the registrar before the\nAGM. A copy of this application form is available on the Company\nwebsite.\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 / Libby Moss\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 p...