GOLD
Gold exploration company Ariana Resources has raised £1.87-million through the placement of 133.8-million ordinary shares and the subscription of 10.03-million new ordinary shares, at 1.30p apiece. The Aim-listed company said it would use the proceeds to provide working capital support to its joint venture (JV) operating company, Zenit Madencilik – a 50:50 partnership between Ariana and Proccea Construction, prior to the miner’s Kiziltepe operation, in Turkey, achieving commercial production.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access