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Ariana Resources Pays Advisers In Shares Instead of Fees

8th Apr 2015 17:35

LONDON (Alliance News) - Ariana Resources PLC Wednesday said it has issued 10.3 million new shares to advisers it did not identify in place of fees at a price of 0.9 pence per share.

The new shares are expected to be admitted to trading on AIM on or around April 14.

Ariana will have 682.6 million shares in issue.

Ariana shares closed down 2.2% at 0.880 pence on Wednesday.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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Ariana
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