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RNS Number : 3517U Oriole Resources PLC 22 November 2023
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
INVESTOR MEETINGS
Oriole Resources PLC, the AIM-quoted exploration company focussed on West
Africa, is pleased to announce that its CEO, Tim Livesey, is attending Mines
and Money 2023 in London and will be available for investor meetings on
Wednesday 29(th) November 2023.
Please email info@orioleresources.co.uk if you are a shareholder in the
Company and would like to organise a one-on-one meeting.
Alternatively, for those unable to travel to London, we will also be offering
a live Q&A session on 5(th) December 2023 at 14:00 GMT. Click here to
register:
https://www.investormeetcompany.com/oriole-resources-plc/register-investor
(https://www.investormeetcompany.com/oriole-resources-plc/register-investor) .
The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via the Investor Meet Company dashboard up until
9am the day before the meeting or at any time during the live presentation.
** ENDS **
For further information please visit www.orioleresources.com
(http://www.orioleresources.com/) , @OrioleResources on Twitter, or
contact:
Oriole Resources Plc Tel: +44 (0)23 8065 1649
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 Tel: +44 (0)20 3470 0470
Ewan Leggat / Harry Davies-Ball
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 a maiden Resource of 305,000 oz Au at
2.19g/t in the JORC Inferred category at the Bibemi project and has identified
multi-kilometre gold and lithium anomalism within the district-scale Central
Licence Package ('CLP') in central Cameroon. The Company is currently working
towards the completion of two earn-in agreements with Ghana-based BCM
International Limited ('BCM') to fast track the Bibemi project in northern
Cameroon, and the Mbe licence (part of the CLP), with BCM committing to
signature payments, US$4 million exploration and resource-based success
payments at each project in return for up to 50% ownership. The deals are
expected to be completed by the end of 2023.
At the more advanced Senala gold project in Senegal, Oriole was advised by
IAMGOLD on 26 April 2023 that AGEM Senegal Exploration Suarl ('AGEM') was
now a wholly-owned subsidiary of Managem Group. As previously
announced, AGEM 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 28 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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