Ariana Resources PLC (AIM:AAU) said the first tranche, worth 0.35p per share, of its special dividend will be paid on 24 September.
The second tranche, worth 0.175p, should be paid no later than the end of March 2022.
“After finalising the necessary arrangements, we are very proud to provide a return to our loyal shareholders through the payment of the first tranche of the company's special dividend. We believe that the structure of the special dividend not only returns value to those who have supported the company to date but also incentivises existing and prospective investors to participate and benefit from the company's growth strategy going forward,” said Kerim Sener, the managing director of Ariana.
“In particular, we are very excited to be advancing our Project Catalyst Strategy for Tier 1 exploration assets across multiple new projects and in new jurisdictions in the coming months via the Asgard Metals Fund. Meanwhile, we look forward to providing further updates regarding the record and payment dates for the second and third tranches of the special dividend in due course,” he added.