Ariana Resources ( (GB:AAU) ) has issued an announcement.
Ariana Resources plc has announced a retail offer via the Winterflood Retail Access Platform to raise up to £300,000 through the issuance of new ordinary shares. This move is part of a broader fundraising strategy, which also includes a placing of new shares to raise approximately £700,000. The funds are intended for general working capital, and the offer is open to existing retail shareholders in the UK. The completion of this offer is contingent upon the admission of new shares to trading on AIM, expected to commence on April 7, 2025.
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.
YTD Price Performance: -5.41%
Average Trading Volume: 1,675,564
Technical Sentiment Signal: Buy
Current Market Cap: £32.6M
For a thorough assessment of AAU stock, go to TipRanks’ Stock Analysis page.