Ariana Resources plc : Conversion of Warrants, Total Voting Rights

29 April 2016
AIM: AAU

CONVERSION OF WARRANTS
TOTAL VOTING RIGHTS

Ariana Resources plc ("Ariana" or "the Company"), announces that pursuant to the receipt of a notice of exercise of warrants,  it has issued 766,667 new ordinary shares of 0.1 pence each in the capital of the Company ("Warrant Shares") at a price of 0.99 pence per Warrant Share to Loeb Aron & Co. 

Application has been made for the Warrant Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM ("Admission").  Admission is expected to take place on or around 6 May 2016.

Further to Admission, the Company's issued share capital will consist of 809,875,123 ordinary shares with a nominal value of 0.1p each, with voting rights ("Ordinary Shares").  The Company does not hold any Ordinary Shares in Treasury.  Therefore the total number of Ordinary Shares in the Company with voting rights is 809,875,123.

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 
  
   
  



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

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