Last checked at 12 Jul 2021 07:00
Oriole Resources PLC
12 July 2021
Oriole Resources PLC
('Oriole' or 'the Company')
Director Appointment
Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, is pleased to announce the appointment of Claire Bay to the Board of Directors as Executive Director, Exploration and Development, with immediate effect.
Claire Bay is Chartered geologist with over 13 years' experience in the resources sector. She graduated in 2007 with a First Class Masters in geology from the University of Southampton and joined AIM-listed Stratex International shortly thereafter, where she spent the next 11 years.
Claire was promoted to VP Exploration and Development in July 2018 as part of the restructuring and renaming of the Company to Oriole Resources. Claire oversees the Group's exploration programmes and is heavily involved in the review and interpretation of technical data, as well as co-managing the Company's corporate development activities.
Oriole CEO, Tim Livesey, said: "We are very pleased to welcome Claire to the Oriole Board, a decision supported unanimously by the Executive and non-Executive members.
"With her deep technical knowledge and experience and her detailed understanding of the Company and the markets in which we trade, she brings key skills and knowledge to the Board.
"Claire has been a critical part of the recent refocusing of the Company and will bring much value to the Company through this new appointment."
Information in respect of Claire Bay as required by Schedule 2 (g) of the AIM Rules for Companies is detailed below.
Claire Jenna Louise Bay (aged 36) holds 294,804 of the issued share capital of Oriole, representing 0.02% and holds options over 6,830,000 Oriole shares, and other than that as set out below, there is no further information to be disclosed under Schedule Two (g) of the AIM Rules. Claire Bay is, or has been, a director of the following companies during the previous five years:
Current Directorships / Partnerships
· Stratex Exploration Limited
· Stratex West Africa Limited
· Stratex - EMC S.A.
Past Directorships / Partnerships (last 5 years)
· None
Information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
** ENDS **
For further information please visit www.orioleresources.com , @OrioleResources on Twitter,
or contact:
Oriole Resources PLC Tim Livesey / Bob Smeeton / Claire Bay
| Tel: +44 (0)20 7830 9650 |
Blytheweigh (IR/PR contact) Tim Blythe / Megan Ray / Rachael Brooks
| Tel: +44 (0)20 7138 3204 |
Grant Thornton UK LLP Samantha Harrison / George Grainger
| Tel: +44 (0)20 7383 5100 |
Shard Capital Partners LLP Damon Heath / Erik Woolgar / Isabella Pierre | Tel: +44 (0)20 186 9900 |
Notes to Editors:
Oriole Resources PLC is an AIM-listed exploration company, operating West Africa. It is focused on early-stage exploration in Cameroon (Bibemi, Wapouzé and Central Licences projects) and the more advanced Senala gold project in Senegal, where IAMGOLD has the option to spend US$8 million to earn a 70% interest. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.