Ariana Resources PLC (AIM:AAU) has announced the dates for the second tranche of the company's special dividend next month and confirmed the third tranche will be proposed for shareholder approval at the annual general meeting in June.
The mineral explorer and developer said the second tranche of 0.175p per share will be paid on 25 March, with the ex-dividend date being 3 March 2022.
The third and final tranche of the special dividend will also be of 0.175p per share.
Managing director Dr Kerim Sener said: "We are very pleased to announce the payment date for the second tranche of the special dividend, which continues to reward loyal Ariana shareholders. With so much to look ahead to in the coming year and beyond, the structure of the dividend is also intended to serve as an incentive for existing and prospective investors to participate and benefit from the company's growth.
"In the near term, we look forward to further advancing our portfolio of production and development assets in Turkey, continuing our Project Catalyst strategy for Tier 1 exploration assets via the Asgard Metals Fund and developing the assets in Cyprus through our holding in Venus Minerals, and in Kosovo, through our holding in Western Tethyan Resources."