15 Sep 2022 09:58
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 Phase 4 drilling results from the Bibemi gold project in Cameroon. 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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