Metals & Minerals News

Oriole issues 13.8m shares in warrant exercise

Oriole Resources plc noted an exercise of warrants over 13,888,888 new ordinary shares of 0.1p each in the company at an exercise price of 0.25 per ordinary share.

Following admission, the company’s issued share capital will be 3,895,872,338 ordinary shares.

A total 157,555,555 warrants and 264,526,245 options over ordinary shares, representing approximately 10.8% of the company’s enlarged issued share capital, remain outstanding.