RE: Mbe β Nearly 1Moz and Still Growing18 Nov 2025 11:24
Oriole Resources PLC (AIM: ORR), the AIM quoted gold exploration company focused on West and Central Africa is pleased to confirm, further to the announcements made on 14 November 2025, the result of its WRAP Retail Offer at the Issue Price of 0.24 pence per share. The Company announces that it has raised aggregate gross proceeds of approximately Β£0.23 million pursuant to the WRAP Retail Offer alongside the previously announced Placing and Subscription. Accordingly, the Company will issue a total of 96,640,463 new Ordinary Shares at the Issue Price, and 96,640,463 warrants pursuant to the WRAP Retail Offer.
In total, the Placing and Subscription and the WRAP Retail Offer have raised gross proceeds of approximately Β£2.03 million for the Company, via the Placing and Subscription of 750,000,000 Placing and Subscription Shares and the 96,640,463 WRAP Retail Offer Shares.