REG - Oriole Resources PLC - Director/PDMR Dealings

Oriole ResourcesAnnouncement

Yesterday 17:15

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RNS Number : 2043X  Oriole Resources PLC  18 March 2026

Oriole Resources PLC

("Oriole" or the "Company")

 

Director/PDMR Dealings

 

Oriole Resources PLC (AIM: ORR), the AIM quoted gold exploration company
focused on Central  and West Africa, announces that, on 18 March 2026, the
following transactions were made by Directors of the Company:

 

a)    In order to effect a 'Bed and ISA' transaction, Eileen Carr, the
Chair, has sold 2,200,000 Ordinary Shares in the Company at a price of 0.30
pence per share from her personal holding and immediately purchased 2,200,000
shares at a price of 0.30 pence per share into her Individual Savings Account.

 

b)    In order to effect a 'Bed and ISA' transaction, Claire Bay, Executive
Director, Exploration, has sold 967,742 Ordinary Shares in the Company at a
price of 0.31 pence per share from her personal holding and immediately
purchased 965,500 shares at a price of 0.31 pence per share into her
Individual Savings Account.

 

Following these transactions, which are further detailed in the PDMR
Notification Forms below, Eileen Carr's ultimate beneficial ownership remains
unchanged at 217,506,302 Ordinary Shares, representing 4.46% of the Company's
issued share capital, and Claire Bay's ultimate beneficial ownership is
16,296,249 Ordinary Shares, representing 0.33% of the Company's issued share
capital.

 

 

Enquires:

 

 Oriole Resources PLC                                   Tel: +44 (0)23 8065 1649

 Martin Rosser / Bob Smeeton / Claire Bay

 Strand Hanson (Nomad & Broker)                         Tel: +44 (0)20 7409 3494

 Christopher Raggett / James Spinney / Edward Foulkes

 IFC Advisory Ltd (Financial IR & PR)                   Tel: +44 (0)20 3934 6630

 Tim Metcalfe / Graham Herring / Florence Staton        oriole@investor-focus.co.uk

 

 

Notes to Editors:

 

Oriole Resources PLC is an AIM-quoted gold exploration company, with projects
in Central and West Africa.  It is currently focused on exploration in
Cameroon.

 

At its district scale Central Licence Package, the Company has identified
multi-kilometre long gold anomalies, including at its flagship Mbe project.
At Mbe, the Company has published a JORC Inferred MRE of 870,000oz at 1.09g/t
Au for the MB01-S deposit, and an Exploration Target range of 15Mt to 20Mt at
a grade of 0.77g/t to 0.94g/t Au for 370,000oz to 605,000oz contained gold for
the MB01-N target.  A fully funded maiden drilling programme commenced in
November 2025 and was completed in February 2026 at MB01-N, with the aim of
converting the existing Exploration Target to a Resource.   Following the
completion of the MB01-N drilling programme, and by meeting various financial
commitments, BCM has earned a 50% interest in the project.  Drafting of a JV
partnership agreement is in progress.  Mineral Resource Estimation work for
MB01-N will commence shortly.

 

The Company has also reported a Resource of 460,000oz contained gold at
2.06g/t Au in the JORC Indicated and Inferred categories at its 50% owned
Bibemi project, where it has applied for an exploitation licence.  In
November 2025, BCM completed its earn-in to give it a 50% interest in Bibemi
by meeting certain payment conditions, including spending US$4 million on
exploration.

 

At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl
('AGEM'), a wholly owned subsidiary of Managem Group, has completed a six-year
earn-in to acquire an approximate 59% beneficial interest in the Senala
Exploration Licence by spending US$5.8 million.  The Company has reported a
Resource of 155,000oz contained gold at 1.26g/t Au (using a gold price of
US$1,800/oz)  in the JORC Inferred category for the Faré South prospect, and
an additional, complementary Exploration Target range of 17Mt to 24Mt at a
grade of 0.69g/t to 0.84g/t Au for 380,000oz to 650,000oz contained gold for
all prospects at Senala.  Best results to date include 20.00m grading 31.13
g/t Au including 10.00m grading 60.98 g/t Au from RC drilling and 59.60m
grading 2.20 g/t Au from diamond drilling.  Discussions on the formation of a
joint venture company are currently underway.

 

The Company also has several interests and royalties in companies operating in
East Africa and Turkey that could give future cash payments.

 

For further information please visit www.orioleresources.com
(http://www.orioleresources.com/) ,  @OrioleResources on X

 

ANNEX - PDMR notifications

 

Template for notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely associated with
them

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                          Eileen Carr

 2    Reason for the notification

 a)   Position/status                                              Chair

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Oriole Resources PLC

 b)   LEI                                                          213800X32GJR5AGAR511

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary shares of 0.1 pence each in the capital of the Company

      Identification code                                          Ordinary share ISIN: GB00B0T29327

 b)   Nature of the transaction                                    1.    Sale of Ordinary Shares

                                                                   2.    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     1.    0.30p       2,200,000
                                                                                     2.    0.30p       2,200,000

 d)   Aggregated information

      - Aggregated volume                                          Aggregate share purchases: N/A - single transaction
                                                                   Aggregate share sales: N/A - single transaction
      - Price

 e)   Date of the transaction                                      18 March 2026

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Claire Jenna Louise Bay

 2    Reason for the notification

 a)   Position/status                                              Executive Director

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Oriole Resources PLC

 b)   LEI                                                          213800X32GJR5AGAR511

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary shares of 0.1 pence each in the share capital of the company

      Identification code                                          Ordinary share ISIN: GB00B0T29327

 b)   Nature of the transaction                                    1.    Sale of Ordinary Shares

                                                                   2.    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                       Price(s)            Volume(s)
                                                                                       1.    0.31p         967,742
                                                                                       2.    0.31p         965,500

 d)   Aggregated information

      - Aggregated volume                                          Aggregate share purchases: N/A - single transaction
                                                                   Aggregate share sales: N/A - single transaction
      - Price

 e)   Date of the transaction                                      18 March 2026

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 

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