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Ariana Resources ( (GB:AAU) ) has issued an announcement.
Ariana Resources has announced the appointment of Shaw & Partners as Lead Manager and Leeuwin Wealth as Co-Manager for its planned dual-listing on the Australian Securities Exchange (ASX), expected in Q3 2025. This strategic move aims to enhance Ariana’s access to capital and liquidity, potentially improving its valuation. The company plans to raise new equity to fund exploration and technical studies at its Dokwe Gold Project in Zimbabwe. This dual-listing is anticipated to provide Ariana’s shareholders with exposure to a supportive market for gold explorers and developers, aligning with the company’s growth and expansion objectives.
More about Ariana Resources
Ariana Resources is an AIM-listed mineral exploration and development company with a focus on gold and copper-gold projects. The company has interests in mining projects across Africa and Europe, including a major gold development project in Zimbabwe, gold production in Türkiye, and exploration projects in Cyprus and Kosovo. Ariana owns 100% of the Dokwe Gold Project in Zimbabwe and holds significant interests in joint ventures and exploration companies, leveraging its expertise and strategic partnerships to create shareholder value.
Average Trading Volume: 2,351,779
Technical Sentiment Signal: Sell
Current Market Cap: £23.33M
See more insights into AAU stock on TipRanks’ Stock Analysis page.
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