Share Talk Ltd

Zak Mir speaks with Dr Kerim Sener, Managing Director of Ariana Resources (AIM: AAU, ASX: AA2), following the company's announcement of a strategic investment term sheet with Hong Kong Xinhai Mining Services Ltd. The agreement will provide A$8 million in near-term funding and support a metallurgical sampling and testwork programme, as well as advance the Definitive Feasibility Study for the Dokwe Gold Project in Zimbabwe, which Ariana owns in full. Highlights*: ·     Xinhai to make an A$8 million equity investment to be completed in Ariana CDIs, inclusive of the payment of a A$500,000 signing fee, at a price of A$0.30 per CDIs (Issue Price). The signing fee is paid on signing of the term sheet. ·      Xinhai will provide technical services in relation to a Metallurgical Sampling and Testwork Programme for A$1 million and complete the Definitive Feasibility Study of Dokwe, under the management of Ariana, for up to A$2 million to be paid in CDIs at the Issue Price. ·     Xinhai to be granted up to 18,333,3