Dr Kerim Sener, Managing Director of Ariana Resources (LON:AAU) is our guest on todays podcast.
On Friday the company announced an oversubscribed placing raising gross proceeds of approximately £900,000 supported by both new and existing shareholders. The net proceeds of the Placing will be used to advance the Company's projects outside of Kiziltepe, and to support ongoing working capital requirements of the Group.
In the podcast Dr Sener discusses the significance of this fund raise and gives us a general update on the company's operations in Turkey. Apologies for the poor sound quality in parts , Skype wasn't having a great day! Irrespective of his, we hope you enjoy listening!
All opinions expressed are those of MiningMaven and the respective guests, unless otherwise stated and should not be construed as investment advice or a recommendation to buy shares in any featured Company.
From time to time MiningMaven principals may take equity positions in companies featured. Listeners are advised to do their own extensive research before buying shares which, as with all small cap exploration stocks, should be viewed as high risk. Investors should also seek the advice of a qualified investment adviser or stockbroker, as they deem appropriate.
This interview was recorded on Friday 13th January 2017.
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