Ariana Resources plc this week announced that it commenced trading on the Australian Securities Exchange (ASX).

The mineral exploration, development and production company is already listed on the alternative investment market (AIM) of the London Stock Exchange (LSE).

The company successfully raised 11 million Australian dollars in gross proceeds through its ASX dual listing offer, issuing 39,285,714 Chess Depositary Interests at a price of A$0.28 each.

Each Chess Depositary Interest represents ten underlying ordinary shares in the company.

The CDIs were admitted to the official list of the ASX on September 8, 2025, and began trading earlier today.

Trading on the ASX will not directly affect trading of Ariana’s shares on AIM, which will continue as before.

The board believes the dual listing will raise the profile of the company’s Dokwe Gold Project in Zimbabwe, extend its shareholder base and provide greater liquidity for Ariana shares.

It will also allow existing Australian investors to reposition securities held in the UK and enable closer communication with Australian investors through Ariana’s operational base there.

Ariana has a strong Cyprus connection through its 61 per cent stake in Venus Minerals Ltd, a UK-registered and Cyprus-domiciled company holding a major copper-gold-silver exploration and development portfolio on the island.

Venus also holds a substantial exploration portfolio outside its main project areas in Cyprus, with a current resource of 16.6 million tonnes at 0.45 to 0.80 per cent copper, in addition to further gold, silver and zinc potential.

“We are delighted to announce that trading of our CDIs has commenced today on the ASX,” said Kerim Sener, Managing Director of Ariana Resources.

“In doing so, we welcome the support of the company’s new investors,” he added.

“They join us just as Ariana is making great strides, both operationally and commercially,” he continued. “We recently announced the updated economics for our Dokwe Gold Project.”

“We believe this is an opportune moment to raise the profile of the Project,” he Sener said.

He added that “it is currently the largest undeveloped gold deposit in Zimbabwe.”

“At a time when significant growth in gold demand is forecast over the coming years, driven largely by the forces of rising economic uncertainty, inflation, and geopolitical tensions, central banks and investors are turning to gold as a safe-haven asset,” the managing director stated.

“Prices are being pushed higher amid limited new supply,” he added. “Our strategy is to continue our work to progress the Dokwe Gold Project during these positive and dynamic economic times.”

Moreover, Sener stressed that “trading on the ASX will extend the company’s shareholder base, enable wider trading and offer greater liquidity for Ariana’s shares”.

“Gold companies listed on the ASX have attracted significant investor interest of late,” he mentioned.

“As such, we believe that the listing will help enable the company to achieve a more attractive valuation in respect of its major development-stage Dokwe Gold Project,” he added. “This will benefit both our new and long-standing investors.”

“At this fundamental moment in the company’s history, we look forward to advancing Dokwe towards production and delivering long-term value to all stakeholders,” Sener explained.

The company also stated that the board has approved the announcement and authorised its release.

It further noted that the information contained within the announcement constitutes inside information under the Market Abuse Regulations as incorporated into UK law by the European Union (Withdrawal) Act 2018.

Ariana’s advisers on the process included Beaumont Cornish Limited as nominated adviser, Zeus Capital and Fortified Securities as joint brokers, Shaw and Partners Limited as lead manager for the ASX listing, and Yellow Jersey PR Limited as financial public relations adviser.

Beaumont Cornish, authorised and regulated by the Financial Conduct Authority, confirmed that its responsibilities as Ariana’s nominated adviser are owed solely to the London Stock Exchange.

Ariana’s projects currently span multiple regions, including gold-silver production in Turkey, copper-gold-silver exploration in Kosovo, the significant Dokwe Gold Project in Zimbabwe, and its 61 per cent-owned Venus Minerals in Cyprus.