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Ariana Resources Secures £1.25 Million in Capital Raise

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Ariana Resources Secures £1.25 Million in Capital Raise

An announcement from Ariana Resources ( (GB:AAU) ) is now available.

Ariana Resources PLC has successfully raised approximately £1.25 million through a combination of a WRAP Retail Offer, Placing, and Subscription, issuing a total of 80,888,980 new Ordinary Shares. This capital raise is expected to enhance the company’s financial position and support its ongoing exploration and development activities, potentially strengthening its market presence in the mineral exploration industry.

More about Ariana Resources

Ariana Resources PLC is an AIM-listed company focused on mineral exploration and development, with a particular interest in gold projects across Africa and Europe.

YTD Price Performance: -24.32%

Average Trading Volume: 2,130,402

Technical Sentiment Signal: Buy

Current Market Cap: £26.08M

For detailed information about AAU stock, go to TipRanks’ Stock Analysis page.

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