Ariana Resources plc : Issue of Equity

12 April 2016
AIM: AAU

ISSUE OF EQUITY

TOTAL VOTING RIGHTS

Ariana Resources plc ("Ariana" or "the Company"), announces that it has issued 7,048,261 new ordinary shares of 0.1 pence each in the capital of the Company ("Placing Shares") at a price of 1.15 pence per Placing Share.  The Placing Shares are being issued in part payment for services rendered and fees due.

Application has been made for the Placing 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 18 April 2016.

Further to Admission, the Company's issued share capital will consist of 809,108,456 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 809,108,456.

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