18 Mar 2026 17:06
Oriole Resources PLC
("Oriole" or the "Company")
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Director/PDMR Dealings
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Oriole Resources PLC (AIM: ORR), the AIM quoted gold exploration company focused on Central and West Africa, announces that, on 18 March 2026, the following transactions were made by Directors of the Company:
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a) In order to effect a 'Bed and ISA' transaction, Eileen Carr, the Chair, has sold 2,200,000 Ordinary Shares in the Company at a price of 0.30 pence per share from her personal holding and immediately purchased 2,200,000 shares at a price of 0.30 pence per share into her Individual Savings Account.
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b) In order to effect a 'Bed and ISA' transaction, Claire Bay, Executive Director, Exploration, has sold 967,742 Ordinary Shares in the Company at a price of 0.31 pence per share from her personal holding and immediately purchased 965,500 shares at a price of 0.31 pence per share into her Individual Savings Account.
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Following these transactions, which are further detailed in the PDMR Notification Forms below, Eileen Carr's ultimate beneficial ownership remains unchanged at 217,506,302 Ordinary Shares, representing 4.46% of the Company's issued share capital, and Claire Bay's ultimate beneficial ownership is 16,296,249 Ordinary Shares, representing 0.33% of the Company's issued share capital.
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Enquires:
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Oriole Resources PLC Martin Rosser / Bob Smeeton / Claire Bay Β | Tel: +44 (0)23 8065 1649 |
Strand Hanson (Nomad & Broker) Christopher Raggett / James Spinney / Edward Foulkes Β | Tel: +44 (0)20 7409 3494 |
IFC Advisory Ltd (Financial IR & PR) Tim Metcalfe / Graham Herring / Florence Staton Β | Tel: +44 (0)20 3934 6630 oriole@investor-focus.co.uk |
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Notes to Editors:
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Oriole Resources PLC is an AIM-quoted gold exploration company, with projects in Central and West Africa. It is currently focused on exploration in Cameroon.
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At its district scale Central Licence Package, the Company has identified multi-kilometre long gold anomalies, including at its flagship Mbe project. At Mbe, the Company has published a JORC Inferred MRE of 870,000oz at 1.09g/t Au for the MB01-S deposit, and an Exploration Target range of 15Mt to 20Mt at a grade of 0.77g/t to 0.94g/t Au for 370,000oz to 605,000oz contained gold for the MB01-N target. A fully funded maiden drilling programme commenced in November 2025 and was completed in February 2026 at MB01-N, with the aim of converting the existing Exploration Target to a Resource. Following the completion of the MB01-N drilling programme, and by meeting various financial commitments, BCM has earned a 50% interest in the project. Drafting of a JV partnership agreement is in progress. Mineral Resource Estimation work for MB01-N will commence shortly.
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The Company has also reported a Resource of 460,000oz contained gold at 2.06g/t Au in the JORC Indicated and Inferred categories at its 50% owned Bibemi project, where it has applied for an exploitation licence. In November 2025, BCM completed its earn-in to give it a 50% interest in Bibemi by meeting certain payment conditions, including spending US$4 million on exploration.
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At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl ('AGEM'), a wholly owned subsidiary of Managem Group, has completed a six-year earn-in to acquire an approximate 59% beneficial interest in the Senala Exploration Licence by spending US$5.8 million. The Company has reported a Resource of 155,000oz contained gold at 1.26g/t Au (using a gold price of US$1,800/oz) in the JORC Inferred category for the FarΓ© South prospect, and an additional, complementary Exploration Target range of 17Mt to 24Mt at a grade of 0.69g/t to 0.84g/t Au for 380,000oz to 650,000oz contained gold for all prospects at Senala. Best results to date include 20.00m grading 31.13 g/t Au including 10.00m grading 60.98 g/t Au from RC drilling and 59.60m grading 2.20 g/t Au from diamond drilling. Discussions on the formation of a joint venture company are currently underway.
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The Company also has several interests and royalties in companies operating in East Africa and Turkey that could give future cash payments.
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For further information please visitΒ www.orioleresources.com, @OrioleResources on X
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ANNEX - PDMR notifications
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Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | Name Β Β | Β Eileen Carr | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β Β | Chair | |||
b) Β | Initial notification /Amendment Β Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β Β | Oriole Resources PLC | |||
b) Β | LEI Β Β | 213800X32GJR5AGAR511 | |||
4 Β | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Β Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary shares of 0.1 pence each in the capital of the Company Β Β Β | |||
Identification code | Ordinary share ISIN: GB00B0T29327 | ||||
b) Β | Nature of the transaction Β Β | 1. Sale of Ordinary Shares 2. Purchase of Ordinary Shares | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1. 0.30p | 2,200,000 | ||||
2. 0.30p | 2,200,000 | ||||
d) Β | Aggregated information | ||||
- Aggregated volume | Aggregate share purchases: N/A - single transaction | ||||
Aggregate share sales: N/A - single transaction | |||||
- Price | |||||
e) Β | Date of the transaction Β Β | 18 March 2026 | |||
f) Β | Place of the transaction Β Β | London Stock Exchange, AIM | |||
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1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | Name Β Β | Claire Jenna Louise Bay | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β Β | Executive Director | |||
b) Β | Initial notification /Amendment Β Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β Β | Oriole Resources PLC | |||
b) Β | LEI Β Β | 213800X32GJR5AGAR511 | |||
4 Β | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Β Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary shares of 0.1 pence each in the share capital of the company | |||
Identification code | Ordinary share ISIN: GB00B0T29327 | ||||
b) Β | Nature of the transaction Β Β | 1. Sale of Ordinary Shares 2. Purchase of Ordinary Shares | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1. 0.31p | 967,742 | ||||
2. 0.31p | 965,500 | ||||
d) Β | Aggregated information | ||||
- Aggregated volume | Aggregate share purchases: N/A - single transaction | ||||
Aggregate share sales: N/A - single transaction | |||||
- Price | |||||
e) Β | Date of the transaction Β Β | 18 March 2026 | |||
f) Β | Place of the transaction Β Β | London Stock Exchange, AIM | |||
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