Ariana Resources - Completion of Transformational Joint Venture
AAU Thu, 18 Feb 2021, 09:55am GMT
Industry: Basic Materials
Contact: 020 7236 1177
Kerim Sener, Managing Director of Ariana Resources provides an update following the completion of their transformational joint venture with Ö zaltin Holding A.S. and Proccea Construction Co. This is a significant development in the Company's history and with the enhanced cash position of about £25 million, following completion, this deal will catalyse further exploration and development across Turkey and the wider region, as Ariana pursue project opportunities on behalf of the Joint Venture.