AAU Ariana Resources Plc

 
TIDMAAU 
 
 
 
 
   2 November 2015 
 
   AIM: AAU 
 
   DIRECTORS' DEALINGS 
 
   HOLDING IN COMPANY 
 
   Ariana Resources plc ("Ariana" or "the Company"), the gold exploration 
and development company focused on Turkey, announces that it was 
informed today that Michael de Villiers, Chairman, has purchased 
4,588,888 ordinary shares in Ariana at an average price of 1 pence per 
ordinary share.  Further to this purchase, Mr de Villiers holds 
24,500,000 ordinary shares in the Company, representing a percentage 
holding of 3.05% of the total issued share capital. 
 
   Contacts: 
 
 
 
 
Ariana Resources plc             Tel: +44 (0) 20 7407 3616 
Michael de Villiers, Chairman 
Kerim Sener, Managing Director 
 
Beaumont Cornish Limited         Tel: +44 (0) 20 7628 3396 
Roland Cornish / Felicity Geidt 
 
Beaufort Securities Limited      Tel: +44 (0) 20 7382 8300 
Jon Belliss 
 
Loeb Aron & Company Ltd.         Tel: +44 (0) 20 7628 1128 
John Beresford-Peirse 
 
IFC Advisory                     Tel: +44 (0) 20 3053 8671 
Tim Metcalfe 
 Graham Herring 
 Heather Armstrong 
 
 
 
 
 
 
 
   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 
developing 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 Eldorado Gold Corporation in 
north-eastern Turkey.  Eldorado owns 51% of this joint venture and are 
fully funding all exploration work on the JV properties, while Ariana 
owns 49%.  The total resource inventory within this JV is 1.09 million 
ounces of gold. 
 
   The Company's flagship assets are its Kiziltepe and Tavsan gold projects 
which form the Red Rabbit Gold Project.  Both 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 and now form part 
of a Joint Venture with Proccea Construction Co.  The total resource 
inventory at the Red Rabbit Project stands at 475,000 ounces of gold 
equivalent. 
 
   Beaufort Securities Limited and Loeb Aron & Company Ltd. 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 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Ariana Resources plc via Globenewswire 
 
   HUG#1963305 
 
 
  http://www.arianaresources.com/s/Home.asp 
 

(END) Dow Jones Newswires

November 02, 2015 08:11 ET (13:11 GMT)

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