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Pin to quick picksOriole Share News (ORR)

Share Price Information for Oriole (ORR)

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Share Price: 0.725
Bid: 0.70
Ask: 0.75
Change: 0.00 (0.00%)
Spread: 0.05 (7.14%)
Open: 0.725
High: 0.725
Low: 0.70
Yest. Close: 0.725
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IN BRIEF: Oriole Resources Raises GBP1.9 Million To Fund Drill Program

Wed, 7th Oct 2020 14:32

Oriole Resources PLC - exploration company with operations in Senegal and Cameroon - Raises GBP1.6 million through the issue of 463.4 million shares at 0.34 pence each under a placing and subscription. Raises a further GBP293,000 through the private offer of 86.1 million shares on the NR Private Markets platform. Placing price represents 15% discount to the Tuesday closing price of 0.40p.

Oriole says results of its early stage work at the Bibemi project in Cameroon show potential for the discovery of a new orogenic gold deposit with significant grades and evidence of stacked mineralised veins across multiple zones. States it will use the cash to fund drilling campaign to test the vertical extension of the features identified during trenching work.

Current stock price: 0.37

Year-to-date change: down 14%

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

IN BRIEF: Oriole Resources spots new prospects at Bibemi

IN BRIEF: Oriole Resources spots new prospects at Bibemi

12 Apr 21 20:33

Oriole secures control of Cameroon licence holding firm

(Sharecast News) - West Africa-focussed exploration company Oriole Resources has secured a controlling position in Reservoir Minerals Cameroon (RMC), a former subsidiary of Bureau d'Etudes et d'Investigations Géologico-minières, Géotechniques et Géophysiques (BEIG3), for its early-stage exploration licences in Cameroon, it announced on Tuesday.

6 Apr 21 15:14

Oriole Resources secures majority stake in Reservoir Minerals Cameroon

Oriole Resources secures majority stake in Reservoir Minerals Cameroon

6 Apr 21 14:31

TRADING UPDATES: CPPGroup recommences dividend; TClarke profit shrinks

TRADING UPDATES: CPPGroup recommences dividend; TClarke profit shrinks

24 Mar 21 18:33

IN BRIEF: Oriole Resources agrees on year four programme for Senala

IN BRIEF: Oriole Resources agrees on year four programme for Senala

23 Mar 21 17:25

Oriole Resources making drilling progress at Bibemi gold asset

Oriole Resources making drilling progress at Bibemi gold asset

22 Mar 21 09:58

TRADING UPDATES: Pelatro in Japan boost; AFC Energy teams with Mace

TRADING UPDATES: Pelatro in Japan boost; AFC Energy teams with Mace

16 Mar 21 14:21

AIM WINNERS & LOSERS: Panthera falls on concerns over India mining law

AIM WINNERS & LOSERS: Panthera falls on concerns over India mining law

16 Mar 21 11:47

IN BRIEF: Oriole Resources reports Fare prospect drilling results

IN BRIEF: Oriole Resources reports Fare prospect drilling results

11 Mar 21 14:14

AIM WINNERS & LOSERS: 7digital shares rise on Kuaishou contract

AIM WINNERS & LOSERS: 7digital shares rise on Kuaishou contract

11 Mar 21 10:31

Oriole Resources makes progress with Cameroon licence package

(Sharecast News) - West Africa-focussed exploration company Oriole Resources updated the market on its 90%-owned district-scale licence package in central Cameroon on Thursday.

18 Feb 21 16:14

Oriole Resources Identifies Gold Targets In Central Cameroon

Oriole Resources Identifies Gold Targets In Central Cameroon

18 Feb 21 10:58

Oriole Resources awarded five new licences in Cameroon

(Sharecast News) - West Africa-focussed exploration company Oriole Resources said on Wednesday that it has, through its 90%-owned subsidiary Oriole Cameroon, been awarded five new licences in central Cameroon.

3 Feb 21 14:57

IN BRIEF: Oriole Resources Gets Five Exploration Licences In Cameroon

IN BRIEF: Oriole Resources Gets Five Exploration Licences In Cameroon

3 Feb 21 10:37

DIRECTOR DEALINGS: U&I, Oriole Resources And Oracle Power Execs Buy

DIRECTOR DEALINGS: U&I, Oriole Resources And Oracle Power Execs Buy

25 Jan 21 16:00

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