Oriole Resources plc has secured a further two years for its five gold exploration licences within the Eastern Central Licence Package in the Adamawa and North regions, Cameroon. Held through the company’s 90%-owned subsidiary Oriole Cameroon SARL, the renewed licences represent a contiguous, district-scale land package covering 2,266km2. The Eastern CLP includes the flagship 80%-owned Mbe licence, […]
Tag: Oriole Resources plc
Oriole CEO purchases 3m shares
Oriole Resources plc chief executive officer Martin Rosser today bought 3 million ordinary shares of 0.1p each in the company at a price of 0.354 pence per share. The acquisition represents 0.08% of Oriole’s issued share capital. Following the purchase, the company’s directors hold a total 225,196,990 ordinary shares, representing 5.78% of Oriole’s total voting rights.
Oriole chair purchases 6m shares
Oriole Resources plc non-executive chair Eileen Carr has acquired 6 million ordinary shares of 0.1p each in the company at a price of 0.33 pence per share. The shares, bought for £19,800, represent 0.15% of the issued share capital of the company. Following the purchase, Ms Carr has a beneficial interest over 168,172,969 ordinary shares, representing […]
Oriole improves Mbe anomalism definition
Oriole Resources plc said infill soil sampling had “significantly” improved the definition of previous gold-in-soil anomalism at its 80%-owned Mbe gold project in Adamawa, Cameroon. ROBUST Mbe is one of five licences within the company’s package of contiguous exploration licences, of the Eastern Central Licence Package covering 2,266 km2. Earn-in partner BCM International Ltd, funding up […]
Oriole receives $220,000 from Turkey legacy assets
Oriole Resources plc said it had received US$220,000, with a further $80,000 later this quarter, from its interests in the Turkish gold mining projects of Hasançelebi and Doğala. PARTNER The company will use the total sum for exploration in Cameroon. The original 2019 deal saw the company’s local subsidiary sign a $1.38 million exploration agreement […]
Oriole CEO Timothy Livesey steps down
Oriole Resources plc chief executive officer Timothy Livesey has stepped down and left the board, with effect from end of 30 April, to focus on his other business interests. His replacement is Martin Rosser who joined the board on 1 May 2024. Mr Livesey was pivotal in reinvigorating Oriole’s strategic direction which led to the […]