Oriole Resources plc has issued 107,925,555 new ordinary shares of 0.1 pence each following a warrants exercise at a price of 0.25p per ordinary share, for £269,814.
TVRs
Following admission, the company will have 869,662,686 warrants and 399,916,245 options over ordinary shares outstanding, representing approximately 17.85% and 8.21% respectively of its enlarged issued share capital.
Also on admission, Oriole’s issued share capital will comprise 4,872,268,356 ordinary shares.
The company holds primarily gold exploration assets in Cameroon and Senegal, as well as interests and royalties in companies exploring in Djibouti and Turkey.