Ariana Resources PLC - ARIANA LAUNCHES NOT-FOR-PROFIT INITIATIVE
ARIANA LAUNCHES NOT-FOR-PROFIT INITIATIVE
Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed exploration and development company operating in
· Not-for-profit initiative launched to support education and sustainability projects benefitting the communities in which the Company operates.
· Initiative to be spearheaded by the supply of Company-branded sustainably sourced organic cotton apparel via the Teemill platform: https://ariana-resources.teemill.com/.
· Fully sustainable and circular business model is at the forefront of the clothing industry and fits well with Ariana's own strong environmentally- and socially-aware ethos.
· All profits from sales will be channelled into the Company's existing community projects.
"Following the surprisingly strong demand from shareholders for Ariana-branded attire, the Company recognised the opportunities that this creates for developing a not-for-profit initiative without detracting from our core operational priorities.
"Ariana has long been committed to the integrity of its projects and the well-being of its employees, stakeholders and the local communities in which we operate. We have a track record of investing in our local communities through employment, education, healthcare and environmental schemes. Our new Teemill store now allows us to produce sustainable clothing on demand.
"We are also aware that many of our shareholders desire the Ariana-branded polo shirts already worn by our staff. We are pleased to announce that these will also be available separately thanks to Design Shack (https://www.design-shack.co.uk) who are kindly producing the polo shirts to support our charity initiative. Further details on these will be provided via the Company's Twitter page in due course."
Ariana Resources plc
Tel: +44 (0) 20 7407 3616
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Beaumont Cornish Limited
Tel: +44 (0) 20 7628 3396
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Panmure Gordon (UK) Limited
Tel: +44 (0) 20 7886 2500
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Yellow Jersey PR Limited
Tel: +44 (0) 7951 402 336
About Ariana Resources:
Ariana is an AIM-listed mineral exploration and development company operating in
The Red Rabbit Project is comprised of the Company's flagship assets, the Kiziltepe and Tavsan gold projects, and is part of a 50:50 Joint Venture with Proccea Construction Co. Both assets are located in western
The 100% owned Salinbas Gold Project is located in north-eastern
Ariana is also earning-in to 50% of UK-registered Venus Minerals Ltd ("Venus") and has to date earned into an entitlement to c. 12%. Venus is focused on the exploration and development of copper-gold assets in
Panmure Gordon (UK) Limited is broker to the Company and Beaumont Cornish Limited is the Company's Nominated Adviser and Broker.
For further information on Ariana you are invited to visit the Company's website at www.arianaresources.com.
Quick facts: Ariana Resources PLC
Market Cap: £49.67 m
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