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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
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General mining & base metals

Ariana Resources confirms Australian equity offer raised A$11m

Ariana Resources PLC (AIM:AAU) confirmed it has raised A$11 million in gross proceeds under its ASX dual listing offer, in which it sold some 39.28 million CDIs (CHESS Depositary Interests) representing 394.42 million ordinary shares.

The offer was priced at A$0.28 per CDI - i.e. 28 cents per 10 ordinary shares - and it closed last Thursday, 14 August.

It confirmed that the CDIs equate to around 16.87% of Ariana's issued share capital. And, the offer secured £5.3 million gross proceeds.

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