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The latest announcement is out from Ariana Resources ( (GB:AAU) ).
Ariana Resources has announced its dual listing on the Australian Securities Exchange (ASX), opening a public offering of Chess Depositary Interests (CDIs) to raise between A$10 million and A$15 million. This move is expected to broaden the company’s shareholder base and enhance its visibility, particularly for its Dokwe Gold Project in Zimbabwe, amid strong global demand for gold. The ASX listing will also strengthen Ariana’s ties with Australian investors, potentially unlocking greater value for its gold project assets.
More about Ariana Resources
Ariana Resources PLC is an AIM-listed mineral exploration and development company with interests in gold projects located in Africa and Europe. The company focuses on gold exploration and development, aiming to expand its market presence and shareholder base through strategic initiatives.
Average Trading Volume: 2,984,420
Technical Sentiment Signal: Hold
Current Market Cap: £34.02M
For detailed information about AAU stock, go to TipRanks’ Stock Analysis page.