RCS - Oriole Resources PLC - SP Angel Analyst Coverage

Oriole ResourcesAnnouncement

30/01/2023 16:00

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RNS Number : 3034O  Oriole Resources PLC  30 January 2023

Oriole Resources PLC

('Oriole Resources' or 'the Company' or 'the Group')

 

SP Angel Analyst Coverage

 

Oriole Resources (AIM: ORR), the AIM-quoted exploration company focussed on
West Africa, announces that its broker, SP Angel, has released analyst
coverage following the Central Licence Package Exploration update. The
coverage is available to view on the Company's website at
https://orioleresources.com/investors/analyst-coverage/
(https://orioleresources.com/investors/analyst-coverage/)

 

For further information please visit www.orioleresources.com
(http://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 / Rachael Brooks

 Grant Thornton UK LLP                    Tel: +44 (0)20 7383 5100
 Samantha Harrison / George Grainger / 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 recently reported a maiden Resource of
305,000 oz Au in the JORC Inferred at the Bibemi project and has identified
multi-kilometre gold and lithium anomalism within the district-scale Central
Licence Package project. At the more advanced Senala gold project in Senegal,
IAMGOLD is the operator and has the option to spend US$8 million to earn a
70% interest. Under the terms of the Option Agreement, IAMGOLD has recently
met its first commitment by spending US$4 million within an initial four
years and will shortly acquire a 51% interest in Senala. 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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