Oriole Resources plc has signed a completion agreement, including 2,950m inaugural diamond drilling, with its earn-in partner on the Bibemi and Mbe gold projects in Cameroon. EXPLORATION BCM International Ltd expects to begin operations in December, and will focus on MB01-N. The operator aims to convert the target’s range of 15 to 20 million tonnes […]
Tag: Oriole Resources plc
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 directors buy 19.7m shares
Oriole Resources plc reported three directors’ purchases of a total 19,711,343 ordinary shares of 0.1 pence each in the company, at an average price of 0.21 pence per share. TVRs Chair Eileen Carr bought 15 million shares and now holds 196,672,969 shares, equal to 5.05% of the issued share capital of Oriole following the transaction. Chief […]