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Ariana Resources Sells 13.6% Zenit Stake for US$19.5m to Fund Dokwe Gold Project
10:00am on Thursday 1st of January, 1970 AEST
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Mining
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Ariana Resources Sells 13.6% Zenit Stake for US$19.5m to Fund Dokwe Gold Project
10:00am on Thursday 1st of January, 1970 AEST
Key Points
13.6% Zenit stake sold to Özaltın for US$19.5m
Retains 9.9% interest with board representation
Proceeds lift cash to A$53m with no debt
Funds non-dilutive advancement of Dokwe feasibility
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Ariana Resources (ASX:AA2)
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