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Re: News Releases - Friday, March 07, 2008
SUBSTANTIAL SHAREHOLDING
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7 March 2008
AIM / PLUS Markets: AAU
SUBSTANTIAL SHAREHOLDING
Ariana Resources plc ('the Company'), the gold exploration company
focused on Turkey, announces that it received notification on 6 March
2008 that Starvest plc, further to an acquisition of 4,200,000 Shares
on 5 March 2008, now owns 16,456,000 Shares, representing a holding
in the Company's issued share capital of 23.09%.
Contacts:
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| Ariana Resources plc | Tel: 020 7407 3616 |
|----------------------------------+--------------------|
| Michael Spriggs, Chairman | |
|----------------------------------+--------------------|
| Kerim Sener, Managing Director | |
|----------------------------------+--------------------|
| | |
|----------------------------------+--------------------|
| Beaumont Cornish Limited | Tel: 020 7628 3396 |
|----------------------------------+--------------------|
| Roland Cornish | |
|----------------------------------+--------------------|
| | |
|----------------------------------+--------------------|
| Bankside Consultants | Tel: 020 7367 8888 |
|----------------------------------+--------------------|
| Michael Padley / Louise Davis | |
|----------------------------------+--------------------|
| | |
|----------------------------------+--------------------|
| Loeb Aron & Company Limited | Tel: 020 7628 1128 |
|----------------------------------+--------------------|
| Peter Freeman / Frank Lucas | |
|----------------------------------+--------------------|
| | |
|----------------------------------+--------------------|
| City Capital Corporation Limited | Tel: 020 7842 5867 |
|----------------------------------+--------------------|
| Charles Dampney | |
|----------------------------------+--------------------|
| | |
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Editors' note:
About Ariana Resources
Ariana is a dynamic exploration company focused on the discovery and
development of epithermal gold-silver and porphyry copper-gold
deposits with multi-million ounce potential within the Tethyan
metallogenic belt of Turkey. The Company has a portfolio of
prospective licences selected on the basis of its advanced in-house
remote sensing database.
The Company's flagship asset is the Sindirgi Gold Project, which
targets a series of prospects, within a prolific mineralised district
in western Turkey. The project hosts over 45km of gold-silver
bearing epithermal quartz veins.
Loeb Aron & Company Limited and City Capital Corporation Limited 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.
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Copyright (c) 2008 ARIANA RESOURCES PLC (AAU) All rights reserved.
For more information visit our website at
http://www.arianaresources.com/ or send mailto:info@arianaresources.com
Message sent on Fri Mar 7, 2008 at 8:14:48 AM Pacific Time
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