9th Jun 2025 07:00
9 June 2025
Oriole Resources plc
("Oriole" or the "Company")
Appointment of Nominated & Financial Adviser and Broker
Oriole Resources plc (AIM: ORR), the AIM quoted gold exploration company focused on West and Central Africa, is pleased to announce the appointment of Strand Hanson Limited as the Company's Nominated & Financial Adviser and Broker with immediate effect.
For more information, contact:
Oriole Resources plc Martin Rosser / Bob Smeeton / Claire Bay
| + 44 (0) 23 8065 1649 |
Strand Hanson Limited (Nominated & Financial Adviser and Broker) Christopher Raggett / James Spinney / Edward Foulkes
| +44 (0) 20 7409 3494 |
IFC Advisory Ltd (Financial IR & PR) Tim Metcalfe / Graham Herring / Florence Staton | +44 (0) 20 3934 6630
|
About Oriole Resources plc
Oriole Resources PLC is an AIM-quoted gold exploration company, with projects in West and Central Africa. It is focused on early-stage exploration in Cameroon, where the Company has reported a Resource of 375,000oz contained gold at 2.30g/t in the JORC Inferred category at its 90% 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 approximate 59% beneficial interest in the Senala Exploration Licence by spending US$5.8 million. 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 give future cash payments.
For further information please visit www.orioleresources.com, @OrioleResources on X
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