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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
(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
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 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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