01-Jun-2017 / 22:55 CET/CEST Dissemination of a RegulatoryAnnouncement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.

FORM 8.3

PUBLIC OPENINGPOSITION DISCLOSURE/DEALINGDISCLOSURE BY APERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING1% OR MORE Rule 8.3 of the Takeover Code (the "Code")

1. KEYINFORMATION

(a) Full name of discloser:	BRIAN E. BAYLEY
(b) Owner or controller of interests and short positions disclosed, if different from1(a):	N/A
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and
beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this formrelates:	MARIANA
Use a separate form for each offeror/offeree	RESOURCES LTD.
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity	N/A
of offeror/offeree:
(e) Date position held/dealing undertaken:	MAY31, 2017
For an opening position disclosure, state the latest practicable date prior to the disclosure
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of	NO
any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"

2. POSITIONS OF THE PERSON MAKINGTHE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	May 2016 placing warrants Interests Short positions

	Number % Number %
(1) Relevant securities owned and/or controlled:	150,1371.39
(2) Cash-settled derivatives:

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 150,1371.39

TOTAL:

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IFANY) BYTHE PERSON MAKINGTHE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant securityPurchase/saleNumber of securitiesPrice per unit

(b) Cash-settled derivative transactions

Class of relevant	Product	Nature of dealing	Number of reference	Price per
security	description	e.g. opening/closing a long/short position,	securities	unit
	e.g. CFD	increasing/reducing a long/short position

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of	Product	Writing,	Number of securities	Exercise	Type	Expiry	Option money
relevant	description e.g.	purchasing,	to which option	price per	e.g.	date	paid/ received
security	call option	selling, varying etc.	relates	unit	American,		per unit
					European etc.

(ii) Exercise

Class of relevant security Product description e.g. call option Exercising/ exercised againstNumber of securitiesExercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security Nature of dealing e.g. subscription, conversion DetailsPrice per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain fromdealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE

(b)Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

(c)Attachments

Is a Supplemental Form8 (Open Positions) attached?NO

Date of disclosure: June 1, 2017 Contact name: BRIAN E. BAYLEY Telephone number:604-488-5411

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

The EQS Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg

Language:	English
Company:	Mariana Resources Ltd.
	La Grande Rue, St Martin
	GY1 3RS Guernsey
	Guernsey
ISIN:	GB00B12GJ720
Listed:	Foreign Exchange(s) London
	Category Code:RET - MARIANA RESOURCES LTD.
TIDM:	MARL
Sequence No.: 4260

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ARIANA RESOURCES PLC

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