Ariana Resources Settles Loan With RiverFort, Now Debt-Free

MT Newswires Live

Feb 04

Ariana Resources (ASX:AA2) has fully settled its $782,575 loan with RiverFort Global Opportunities by issuing 40.4 million ordinary shares, equivalent to around 4 million Chess Depository Instruments, according to a Wednesday Australian bourse filing.

These shares will have the same rights as existing shares and are anticipated to begin trading on the Alternative Investment Market on Thursday, per the filing.

The company is now debt-free as of Dec. 31, 2025, with RiverFort releasing its first-ranking security over the company and its subsidiaries, the filing said.

The company still retains access to the remaining $3 million of the original $5 million facility for future financing to advance the Dokwe gold project in Zimbabwe, the filing added.

The company's shares rose around 1% in recent Wednesday trade.

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