Result of WRAP Retail Offer

Ariana Resources plc, (AIM: AAU) the AIM-listed mineral exploration and development company with gold project interests in Africa and Europe, is pleased to confirm, further to the announcements made on 26 March 2025, the result of its Fundraise at the Issue Price of 1.5 pence per share. The Company announces that it has raised aggregate gross proceeds of approximately £34,530 pursuant to the WRAP Retail Offer, alongside the previously announced Placing and Subscription. Accordingly, the Company will issue a total of 2,302,019 new Ordinary Shares at the Issue Price pursuant to the WRAP Retail Offer.

In total, the Placing and Subscription and the WRAP Retail Offer have raised gross proceeds of approximately £1.25 million for the Company, via the Placing and Subscription of 78,586,961 Placing and Subscription Shares and the 2,302,019 WRAP Retail Offer Shares.

Admission and Total Voting Rights

Applications have been made for the Placing and Subscription Shares and the WRAP Retail Offer Shares totalling 80,888,980 new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on or around 7 April 2025.

Upon Admission, the Company's issued ordinary share capital will consist of 1,943,950,308 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 1,943,950,308. 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.

Further information on the Company can be found on its website at www.arianaresources.com.

The Company's LEI is 213800LVVY7GZY21LH22.