30 Sep 2022 11:15
Oriole Resources PLCΒ
('Oriole Resources'Β or 'the Company' or 'the Group')
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Shard Capital Analyst Coverage
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Oriole Resources (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, announces that its broker, Shard Capital, has released analyst coverage following the Senala Gold Project exploration update. The coverage is available to view on the Company's website at https://orioleresources.com/investors/analyst-coverage/
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For further information please visitΒ www.orioleresources.com,Β @OrioleResourcesΒ on Twitter,Β or contact:
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Oriole Resources PLC Tim LiveseyΒ /Β Claire Bay /Β Bob SmeetonΒ Β | Tel: +44 (0)20 7830 9650 |
BlytheRayΒ (IR/PR contact) Tim BlytheΒ /Β Megan RayΒ /Β Rachael Brooks Β | Tel: +44 (0)20 7138Β 3204 |
Grant Thornton UK LLP Samantha HarrisonΒ /Β George Grainger /CiaraΒ Donnelly Β | Tel: +44 (0)20 7383 5100 |
Shard Capital Partners LLP Damon HeathΒ /Β Erik WoolgarΒ /Β Isabella Pierre Β | Tel: +44 (0)20 7186 9900 |
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Notes to Editors:
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Oriole Resources PLCΒ is an AIM-listed exploration company, operating inΒ West Africa. It is focussed on early-stage exploration inΒ CameroonΒ (Bibemi, WapouzΓ© and Central Licence Package projects) and the more advanced Senala gold project inΒ Senegal, where IAMGOLD has the option to spendΒ US$8 millionΒ to earn a 70% interest. Under the terms of the Option Agreement, IAMGOLD has recently met its first commitment by spendingΒ US$4 millionΒ within an initial four years and will shortly acquire a 51% interest in Senala. The Company also has several interests and royalties in companies operating in EastΒ AfricaΒ andΒ TurkeyΒ that could deliver future cash flow.
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