REG - Oriole Resources PLC - Result of Annual General Meeting

Oriole ResourcesAnnouncement

24/06/2024 14:15

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RNS Number : 6341T  Oriole Resources PLC  24 June 2024

Oriole Resources PLC

('Oriole Resources' or 'the Company' or 'the Group')

 

Result of Annual General Meeting

 

Oriole Resources (AIM: ORR), the AIM-quoted exploration company focussed on
West Africa, is pleased to announce that all of the resolutions that were put
to shareholders at its Annual General Meeting held today were duly passed.
Full details of votes received are available at:
https://orioleresources.com/investors/reports-presentations/#reports.
(https://orioleresources.com/investors/reports-presentations/#reports.)

 

The presentation given at the AGM is now available on the Company's website
at: https://orioleresources.com/investors/reports-presentations/
(https://orioleresources.com/investors/reports-presentations/)

 

** ENDS **

 

 

For further information please visit www.orioleresources.com
(http://www.orioleresources.com) ,  @OrioleResources on X,

or contact:

 

 

 Oriole Resources Plc                      Tel: +44 (0)20 7830 9650
 Martin Rosser / Bob Smeeton / Claire Bay

 BlytheRay (IR/PR Contact)                 Tel: +44 (0)20 7138 3204
 Tim Blythe / Megan Ray

 Grant Thornton UK LLP                     Tel: +44 (0)20 7383 5100
 Samantha Harrison / Ciara Donnelly/ Elliot Peters
 SP Angel Corporate Finance LLP            Tel: +44 (0)20 3470 0470

 Ewan Leggat / Kasia Brzozowska

 

Notes to Editors:

Oriole Resources PLC is an AIM-listed gold exploration company, operating
in West Africa. It is focussed on early-stage exploration
in Cameroon, where the Company has reported a Resource of 375,000oz Au at
2.30g/t in the JORC Inferred category at its 82.2%-owned Bibemi project and
has identified multi-kilometre gold and lithium anomalies within the
district-scale Central Licence Package project. BCM International is
currently earning up to a 50% interest in the Bibemi and Mbe projects in
return for a combined investment of US$1.5 million in signature payments, up
to US$8 million in exploration expenditure, as well as JORC resource-based
success payments.

At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl
('AGEM'), a wholly-owned subsidiary of Managem Group, has recently completed
a six-year earn-in to acquire an estimated 59% beneficial interest in the
Senala Exploration Licence by spending US$5.8 million. A review of
expenditure and discussions on the formation of a joint-venture company are
currently underway. The Company also has several interests and royalties in
companies operating in East Africa and Turkey that could deliver future
cash flow.

 

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