OREANDA-NEWS. Mariana Resources Ltd , the AIM listed exploration and development company with projects in Turkey and South America, announces that 9,800,000 warrants exercisable into ordinary shares at 2.636p each have been exercised and funds have been received. The warrants were issued pursuant to a Convertible Security Agreement with Bergen Global Opportunity Fund, LP, the details of which were announced to the market on 17 September 2014.  The facility was subsequently terminated, as announced on 23 February 2015.

The Company will issue and allot 9,800,000 new ordinary shares.

Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM. Dealings are expected to commence on or about 6 June 2016 ("Admission"). 

Following Admission, there will be a total of 1,199,318,272 ordinary shares on issue.