Oriole Resources
PLC
('Oriole
Resources' or 'the Company' or 'the Group')
Posting of Annual Report,
Notice of AGM
and Shareholder
Presentation
Oriole Resources, the AIM-quoted exploration
company focused on West Africa, announces that copies of its Annual
Report for the financial year ended 31 December 2023, which
includes a Notice for the forthcoming Annual General Meeting
('AGM') of the Company and a Form of Proxy, have been posted to its
shareholders. At the AGM, the Executive Directors will make a
presentation about the Company and its projects. The Annual Report
is available on the Company's website www.orioleresources.com.
As previously announced, the Company's AGM will
be held at 11.00 am on 24 June 2024 at the offices of
Grant Thornton UK LLP, located at 30 Finsbury
Square, London, EC2A 1AG. The Company encourages all
shareholders to vote using the Form of Proxy in advance of the
meeting date.
The Directors believe that the passing of all
Resolutions is in the best interests of the Company and its
shareholders and therefore, the Directors unanimously recommend
that the shareholders vote in favour of the Resolutions, as they
intend to do in respect of their own shareholdings.
** ENDS **
For further information please
visit www.orioleresources.com, @OrioleResources on
Twitter, or contact:
Oriole Resources PLC
Martin Rosser / Bob Smeeton / Claire
Bay
|
Tel: +44 (0)20 7830 9650
|
BlytheRay (IR/PR contact)
Tim Blythe / Megan
Ray /
|
Tel: +44 (0)20
7138 3204
|
Grant Thornton UK LLP
Samantha Harrison /
Ciara Donnelly / Elliot Peters
|
Tel: +44 (0)20 7383 5100
|
SP
Angel Corporate Finance LLP
Ewan Leggat / Kasia
Brzozowska
|
Tel: +44 (0)20 3470 0470
|
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
375,000 oz 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 anomalism 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 (which has already been received), 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.