REG - Ariana Resources PLC - Agreement for Strategic Investment - Tranche 2 CDI

Ariana ResourcesAnnouncement

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RNS Number : 6575F  Ariana Resources PLC  26 May 2026

 

26 May 2026

AIM: AAU

ASX: AA2

Agreement for Strategic Investment - Tranche 2 CDIs

Issue of Shares and Total Voting Rights

 

Ariana Resources plc (AIM: AAU, ASX: AA2, "Ariana" or the "Company"), the
mineral exploration and development company with gold project interests in
Africa and Europe, is pleased to announce that it has issued the Tranche 2
CDIs at the price of A$0.30 per CDI under its agreement (the "Agreement") with
Hongkong Xinhai Mining Services Ltd. (part of Shandong Xinhai Mining
Technology & Equipment Inc.) ("Xinhai") in accordance with the terms of
the Agreement as set out in the announcement of 22 December 2025
(https://www.londonstockexchange.com/news-article/AAU/binding-definitive-agreement-for-xinhai-investment/17383586)
.

Summary

In accordance with the terms of the Agreement, Ariana has issued the
following:

 

1.   3,333,333 CDIs (representing 33,333,330 new ordinary shares) to Xinhai;

2.   133,333 CDIs (representing 1,333,330 new ordinary shares) to Hongmen
Capital Holdings Pty Ltd ("Hongmen");

3.   1,666,667 CDI Options (being over 16,666,670 ordinary shares in
aggregate) to Xinhai; and

4.   66,667 CDI Options (being over 666,670 ordinary shares) to Hongmen.

 

Admission to AIM

To create the Tranche 2 CDIs, application has been made for an aggregate of
34,666,660 new ordinary shares of 0.1p each (the "Tranche 2 Shares"), which
will rank pari passu with all existing ordinary shares, to be admitted to
trading on AIM ("Admission"). It is expected that Admission will become
effective and that trading in the Tranche 2 Shares will commence on or around
1 June 2026.

 

Total Voting Rights

Upon Admission of the Tranche 2 Shares, the Company's issued Ordinary Share
capital will consist of 2,690,813,352 Ordinary Shares (including Ordinary
Shares underlying the CDIs) with one voting right each. The Company does not
hold any Ordinary Shares in treasury. Therefore, from Admission, the total
number of Ordinary Shares (including Ordinary Shares underlying the CDIs) and
voting rights in the Company will be 2,690,813,352. With effect from
Admission, this figure may be used by Shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

About Xinhai

Founded in 1997, Shandong Xinhai Mining Technology & Equipment Inc.
(www.xinhaimining.com (http://www.xinhaimining.com) ) has grown into an
integrated EPC+M+O mining solutions provider with end-to-end capabilities
across engineering, procurement, construction, project management and
operations. Leveraging two manufacturing hubs, an in-house metallurgical
testing and research centre, and a global workforce of more than 1,300
employees, Xinhai delivers standardised, scalable and cost-efficient solutions
to mining projects worldwide.

 

The company has served nearly 2,500 mines across multiple jurisdictions and
executed over 600 EPC+M+O projects, establishing a differentiated position in
full-cycle mine development. Xinhai's operating model integrates metallurgical
research capability, engineering expertise, manufacturing capacity and
lifecycle management to support clients in developing modern, energy-efficient
and commercially sustainable operations.

 

Xinhai has an established track record in Zimbabwe, having completed the
feasibility, design and construction of a 2 Mtpa lithium beneficiation plant
within 364 days, with a peak on-site workforce of over 1,000 personnel
(approximately 400 from China and 600 locally engaged) between June 2022 and
June 2023. The Company has also recently completed construction of a gold
processing plant in Gweru, in central Zimbabwe, which was supported by a
construction workforce of approximately 130-180 personnel from May 2025.

 

Capitalised terms used in this announcement shall, unless otherwise defined,
have the same meanings as set out in the announcement of 22 December 2025.

 

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 which forms part of domestic law in the United Kingdom
by virtue of the EU (Withdrawal) act 2018 ("MAR").

 

- ENDS -

 

The Board of Ariana Resources plc has approved this announcement and
authorised its release.

 

For further information on the Company, please visit the website, or please
contact the following:

 

Contacts:

 

 Ariana Resources plc                              Tel: +44 (0) 20 3476 2080

 Michael de Villiers, Chairman

 Dr. Kerim Sener, Managing Director

 Beaumont Cornish Limited                          Tel: +44 (0) 20 7628 3396

 (Nominated Adviser)

 Roland Cornish / Felicity Geidt

 Zeus Capital (Joint Broker)                       Tel: +44 (0) 203 829 5000

 Harry Ansell / Katy Mitchell

 Fortified Securities (Joint Broker)               Tel: +44 (0) 203 411 7773

 Guy Wheatley

 Yellow Jersey PR Limited (UK Financial PR)        Tel: +44 (0) 7983 521 488

 Dom Barretto / Shivantha Thambirajah              arianaresources@yellowjerseypr.com

 M&C Partners (Aus Financial PR)                   Tel: +61 438 227 286

 Christina Granger / Ben Henri                     christina.granger@mcpartners.com.au

 Shaw and Partners Limited                         Tel: +61 (0)2 9238 1268

 (Lead Manager - ASX)

 Damien Gullone

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

About Ariana Resources:

Ariana is a mineral exploration and development company dual listed on AIM
(AIM: AAU) and ASX (ASX: AA2), with an exceptional track record of creating
value for its shareholders through its interests in active mining projects and
investments in exploration companies. Its current interests include a major
gold development project in Zimbabwe, gold-silver operations in Türkiye and
copper-gold-silver exploration and development projects in Kosovo and Cyprus.

For further information on the vested interests Ariana has, please visit the
Company's website at www.arianaresources.com (http://www.arianaresources.com)
.

Zeus Capital Limited, Fortified Securities and Shaw and Partners Limited are
the brokers to the Company and Beaumont Cornish Limited is the Company's
Nominated Adviser.

Ends.

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