Ariana announced yesterday that the merger between Rockover Holdings and Ariana has been completed. Ariana has issued 687m new shares (now 1,834m shares now in issue) in Ariana to shareholders in Rockover and will appoint a few key Rockover directors to the board of Ariana. Ariana now owns 100% of the Dokwe gold project in Zimbabwe where the resource has been updated to a Global JORC resource of 56Mt grading 1.0g/t gold for 1.8Moz contained gold.
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02 Jul 2024
Ariana Resources - Takeover of Rockover Holdings (the Dokwe gold project, Zimbabwe) complete
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Ariana Resources - Takeover of Rockover Holdings (the Dokwe gold project, Zimbabwe) complete
Ariana Resources PLC (AAU:LON) | 2.1 0 (-11.6%) | Mkt Cap: 38.5m
- Published:
02 Jul 2024 -
Author:
Paul Smith | David Seers -
Pages:
4 -
Ariana announced yesterday that the merger between Rockover Holdings and Ariana has been completed. Ariana has issued 687m new shares (now 1,834m shares now in issue) in Ariana to shareholders in Rockover and will appoint a few key Rockover directors to the board of Ariana. Ariana now owns 100% of the Dokwe gold project in Zimbabwe where the resource has been updated to a Global JORC resource of 56Mt grading 1.0g/t gold for 1.8Moz contained gold.