Results of ASX Offer for Dual Listing

Ariana Resources plc (AIM: AAU, "Ariana" or the "Company"), the mineral exploration and development company with gold project interests in Africa and Europe, is pleased to advise that it has raised A$11 million in gross proceeds under its Australian Securities Exchange ("ASX") dual listing offer ("ASX Offer") which closed at 5pm AEST on 14 August 2025.

The ASX Offer, to raise between A$10-15 million at a price of A$0.28 per CDI, was open to eligible investors in Australia and certain other jurisdictions. Each CDI represents 10 underlying ordinary shares in the capital of the Company ("Ordinary Shares").

The Company is pleased to announce that the ASX Offer has raised A$11 million in gross proceeds (c.£5.3 million). Accordingly, the Company will issue 39,285,714 CDIs under the ASX Offer. An additional 157,062 CDIs will be issued under the separate 'Director Offer' under the prospectus in connection with the ASX Offer.

The issue of the CDIs will represent 394,427,760 new Ordinary Shares of 0.1 pence each in the capital of the Company ("New Ordinary Shares") at an effective price of 1.34p (based on an exchange rate of £1.00=A$2.07) per New Ordinary Share which on issue will represent approximately 16.87% of the enlarged issued share capital of the Company.

Application will be made for the New Ordinary Shares which on issue will rank pari passu in all respects with the existing Ordinary Shares in issue to be admitted to trading on AIM ("Admission") and Admission is expected to become effective on or around 15 September 2025.

Upon Admission, the Company's issued Ordinary Share capital will consist of 2,338,378,041 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 2,338,378,041. 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.

The Company is currently working towards completing the outstanding ASX conditions to satisfy the previously announced indicative ASX listing date of 15 September 2025, under the ASX ticker code AA2.

Further information about Ariana is available on the Company's website http://www.arianaresources.com