RNS Number : 4009B
Oriole Resources PLC
31 January 2024
 

 

31 January 2024

Oriole Resources PLC 

('Oriole Resources' or 'the Company')

Total Voting Rights

 

In compliance with the FCA's Disclosure Guidance and Transparency Rules (the "Rules"), the Company announces that, as at the date of this announcement, it has 3,895,872,338 ordinary shares of 0.1p each in issue. The Company does not hold any shares in treasury and all of the ordinary shares have equal voting rights.

The figure of 3,895,872,338 ordinary shares represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Rules. 

 

** ENDS **

 

For further information please visit www.orioleresources.com, @OrioleResources on Twitter, or contact:

Oriole Resources Plc

Tel: +44 (0)20 7830 9650

Tim Livesey / Bob Smeeton / Claire Bay


 


BlytheRay (IR/PR Contact)

Tel: +44 (0)20 7138 3204

Tim Blythe / Megan Ray


 


Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Samantha Harrison / Ciara Donnelly

SP Angel Corporate Finance LLP

Ewan Leggat / Harry Davies-Ball

 

Tel: +44 (0)20 3470 0470

Notes to Editors:

 

Oriole Resources PLC is an AIM-listed gold exploration company, operating in West Africa. It is focussed on early-stage exploration in Cameroon, where the Company has reported a Resource of 375,000 oz Au at 2.30g/t in the JORC Inferred category at its 82.2%-owned Bibemi project and has identified multi-kilometre gold and lithium anomalism within the district-scale Central Licence Package project. BCM International is currently earning up to a 50% interest in the Bibemi and Mbe projects in return for a combined investment of US$1.5m in signature payments (US$550,000 of which has already been received), up to US$8m in exploration expenditure, as well as JORC resource-based success payments.

 

At the more advanced Senala gold project in Senegal, AGEM Senegal Exploration Suarl ('AGEM'), a wholly-owned subsidiary of Managem Group, has earned an initial 51% beneficial interest in the Senala Exploration Licence by spending US$4 million and has the option to spend up to a further US$4 million by 17 February 2024 to earn an additional 19% interest in the licence. The Company also has several interests and royalties in companies operating in East Africa and Turkey that could deliver future cash flow.

 

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