Last checked at 19 Jan 2021 11:31
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
Statement re Share Price Movement
Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, notes the recent and sustained rise in the Company's share price and the Board confirms that it is not aware of any specific reason for this increase. The Company is not aware of any developments beyond those notified to the market historically and summarised in yesterday's announcement (announcement 18 January 2021). The Company will provide any updates on the projects as they become available.
** ENDS **
For further information please visit www.orioleresources.com, @OrioleResources on Twitter, or contact:
Oriole Resources PLC Bob Smeeton / Tim Livesey / 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 / Seamus Fricker / 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 and Wapouzé 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. Year two commitments have been met at all three projects. 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.