Placing to raise GBP 800,000

14 September 2009
AIM / PLUS Markets: AAU
 
                      PLACING TO RAISE £800,000
 
Ariana  Resources  plc   ("Ariana"  or  "the   Company"),  the   gold
exploration and development company focused on Turkey, is pleased  to
announce the placing  of 26,666,667  new Ordinary Shares  of 1  pence
each with certain institutional investors ("the Placing") at a  price
of 3 pence per share, raising £800,000 before expenses.
 
Dr. Kerim Sener, Managing Director, commented:
 
"This Placing was conceived and completed within only one week.  This
highly successful and speedy outcome is a powerful endorsement of the
steady progress made by  the Company in  recent months.  Interest  in
the Placing exceeded expectations, underpinned by the latest positive
shift in market sentiment towards  Ariana, and aided by the  sterling
efforts of our brokers.
 
The funds  raised  from  this  Placing  will  allow  the  Company  to
undertake further  development  work  on  the  Kiziltepe  and  Tavsan
deposits, and  to initiate  core  components of  the  pre-feasibility
level  evaluation  of  the  'Red  Rabbit'  Project,  which  envisages
integrating  these  two   deposits  into  a   single  venture.    New
exploratory  drilling  on  Kiziltepe  and  related  targets  will  be
undertaken in prospective areas where  surface data is limited.    At
Tavsan, a geophysical  programme is planned  to identify new  targets
for resource extensions.
 
We welcome  our new  shareholders  and look  forward to  keeping  our
valued investors  informed  of  the Company's  progress  as  we  move
forward with the development of our projects in western Turkey".
 
Details of Placing
 
The Placing  was  undertaken  for  26,666,667  ordinary  shares  (the
"Placing Shares") of 1 pence each ("Ordinary Shares") at 3 pence  per
Ordinary Share.  The Placing is conditional upon admission to trading
on AIM of the new Ordinary  Shares.  Application will be made to  the
London Stock  Exchange  for the  new  Ordinary Shares  to  be  issued
pursuant to the  Placing to  be admitted to  trading on  AIM.  It  is
anticipated that Admission  will become effective  and dealings  will
commence on Friday 18 September  2009.  The new Ordinary Shares  will
rank pari passu, in all  respects, with the existing Ordinary  Shares
that are  currently  traded on  AIM.   Following admission  of  these
shares, there  will be  a  total of  170,517,993 Ordinary  Shares  in
issue.
 
Contacts:
 
Ariana Resources plc               Tel: 020 7407 3616
Michael Spriggs, Chairman
Kerim Sener, Managing Director
 
Beaumont Cornish Limited           Tel: 020 7628 3396
Roland Cornish
 
Alexander David Securities Limited Tel: 020 7448 9820
Nick Bealer / David Scott
 
Loeb Aron & Company Ltd            Tel: 020 7628 1128
Peter Freeman / Frank Lucas
 
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 exploring 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  European
Goldfields Limited in north-eastern Turkey.
 
The Company's  flagship  assets  are its  Sindirgi  and  Tavsan  gold
projects.  Both projects  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.  The  total  resource
inventory  of  the   Company  stands  at   401,000  ounces  of   gold
equivalent.
 
Loeb Aron & Company Ltd.  and Alexander David Securities 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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