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Pin to quick picksOriole Resources Share News (ORR)

Share Price Information for Oriole Resources (ORR)

London Stock Exchange
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Share Price: 0.34
Bid: 0.34
Ask: 0.36
Change: 0.0025 (0.72%)
Spread: 0.02 (5.882%)
Open: 0.335
High: 0.35
Low: 0.33
Prev. Close: 0.3475
ORR Live PriceLast checked at -

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AIM WINNERS & LOSERS: Tavistock up on GBP40 million wealth unit sale

Mon, 14th Jun 2021 11:18

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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Tavistock Investments PLC, up 87% at 4.95 pence, 12-month range 1.22p-5.90p. The Berkshire-based investment manager with a market capitalisation of just GBP30 million agrees the sale of Tavistock Wealth for up to GBP40 million in cash. Tavistock said it has entered a 10-year strategic partnership with Titan Wealth Holdings. As part of the arrangements, Titan has agreed to buy Tavistock's multi-asset manager with over GBP1 billion of funds under management, Tavistock Wealth, for up to GBP40 million, together with a 10-year earn-out.

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Kromek Group PLC, up 7.4% at 16.11p, 12-month range 7.66p-25.20p. The Sedgefield, England-based detection technology supplier wins USD6 million contract from the Defense Advanced Research Projects Agency. Kromek will deliver the second phase of its bio-threat detection system for the US Department of Defense. New contract takes the overall programme value awarded to around USD13 million for first and second phases of Kromek's bio-threat system project.

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Sound Energy PLC, up 5.1% at 1.52p, 12-month range 1.02p-4.72p. The Moroccan-focused upstream gas company says it has agreed to buy Schlumberger Silk Route Services Ltd. The acquisition will boost its participating interests in the Anoual and Greater Tendrara exploration permits in eastern Morocco by 27.5% to 75%.

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AIM - LOSERS

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Oriole Resources PLC, down 13% at 0.65p, 12-month range 0.28p-1.95p. The exploration company says results for 8 holes drilled at Bakassi Zone 1 prospect at its 51%-owned Bibemi gold project deliver multiple multi-gram intersections from two fence lines in the southwest of the prospect and confirm more than 100 metres vertical continuity to the system from surface. Best intersections include 2.45 metres grading 2.96 grams per tonne gold and 3.60 metres grading 1.75 grams per tonne gold from BBDD007 and 12.40 metres grading 0.71 grams per tonne gold from BBDD009.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
29 Apr 2019 13:55

Oriole Resources Receives Tax Repayment Of GBP522,000 From HMRC

LONDON (Alliance News) - Oriole Resources PLC said Monday that it has received a repayment of GBP522,000 from Her Majesty's Revenue & Customs following the positive resolution of its value

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13 Mar 2019 12:58

Oriole Annual Loss Narrows On Costs Cut, Continues Project Development

LONDON (Alliance News) - Oriole Resources PLC on Wednesday said its loss narrowed in 2018, thanks to its cost reduction programme.The AIM-listed exploration company, which operates in and a

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6 Mar 2019 15:34

Oriole Resources pleased with latest results from Cameroon

(Sharecast News) - Africa and Europe-focussed exploration company Oriole Resources updated the market on its activities in Cameroon on Wednesday, where it is earning up to a 90% interest in the Bibemi and Wapouzé gold projects.

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21 Feb 2019 10:48

Oriole Resources Receives GBP40,000 UK Tax Rebate For Research Work

LONDON (Alliance News) - Gold exploration firm Oriole Resources PLC said Thursday it has received GBP40,000 in a tax rebate from the UK in relation to its research & development tax relief had

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31 Jan 2019 14:35

Oriole To Receive GBP500,000 From UK HMRC After Resolving Tax Dispute

LONDON (Alliance News) - Oriole Resources PLC confirmed on Thursday it expects to get GBP500,000 from the UK tax authority following the resolution of a tax dispute.In 2017, HMRC ruled that

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27 Nov 2018 10:30

Oriole Resources Shares Jump After "Excellent" Results From Cameroon

LONDON (Alliance News) - Shares in Oriole Resources PLC rose on Tuesday after the exploration company reported "excellent results" from its rock-chip sampling programme at the Bibemi in

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19 Nov 2018 17:46

Oriole Resources To Delay Drill Programme, Cameroon Partner Builds Lab

LONDON (Alliance News) - Oriole Resources PLC said is local partner in Cameroon has installed a sample preparation laboratory and announced that it will delay its drill programme.As in the

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25 Oct 2018 15:01

Oriole Resources partner makes solid progress at Dalafin

(Sharecast News) - Africa and Europe-focussed exploration company Oriole Resources announced the results of systematic air core (AC) drilling at its 85%-owned Dalafin project in the Kédougou-Kéniéba inlier of eastern Senegal on Thursday.

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25 Oct 2018 11:47

Oriole Resources Encouraged By Latest Dalafin Project Results

LONDON (Alliance News) - Oriole Resources PLC said on Thursday "broad" zones of gold have been found at its Dalafin project in eastern Senegal.Oriole, formerly known as Stratex an

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