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 […]
Tag: Central Licence Package – Cameroon
Oriole issues 16.5m new shares
Oriole Resources plc has issued 16.5 million new ordinary shares of 0.1 pence each, following a warrants exercise at a price of 0.25p each, for £41,250. TVRs Following admission, the company’s issued share capital will comprise 3,917,702,338 ordinary shares. A total of 130,947,778 warrants and 399,916,245 options over ordinary shares, representing 3.34% and 10.21% respectively of […]
Oriole extends gold mineralisation at Mbe
Oriole Resources plc reported “wide gold intersections” outside exploration target MB01-S at its 90% owned orogenic gold Mbe project in the Adamawa Region of central Cameroon. MRE The findings come from the final results of the now completed ten-month diamond drilling programme of 24 holes for 6,828.40 metres. Chief executive officer Martin Rosser said that […]
Oriole issues 3m new shares
Oriole Resources plc has issued three million new ordinary shares of 0.1 pence each, following a warrants exercise at a price of 0.25p per share, for an aggregate £7,500. CAPITAL Following admission, the company will have outstanding a total of 147,447,778 warrants and 399,916,245 options over ordinary shares, representing 3.78% and 10.25% respectively of the enlarged […]
Oriole issues 2.3m new shares
Oriole Resources plc has issued 2,330,000 new ordinary shares of 0.1 pence each following a warrants exercise at a price of 0.25p per warrant share, for £5,825. TVRs A total of 150,447,778 warrants and 399,916,245 options over ordinary shares, representing 14.12% of the company’s enlarged issued share capital, remain outstanding. On admission, Oriole’s issued share capital […]
Oriole targets $1m to develop CLP gold licences
Oriole Resources plc aims to secure US$1 million investment for exploration on its five gold licences in the eastern Central Licence Package, central Cameroon. TERMS The company said it was transferring its 90% project interest into a sub-holding company, NewCo, to enable the investment and advance exploration while minimising equity dilution for shareholders. Oriole has […]