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Oriole Resources PLC ( (GB:ORR) ) has shared an update.
Oriole Resources PLC has announced the exercise of warrants over ordinary shares, resulting in the admission of 16,500,000 new ordinary shares to trading on AIM. This move increases the company’s issued share capital to 3,917,702,338 ordinary shares, impacting shareholder calculations under the FCA’s Disclosure and Transparency Rules. The exercise of warrants reflects ongoing investor interest and may enhance the company’s financial flexibility as it continues its exploration activities in Africa.
More about Oriole Resources PLC
Oriole Resources PLC is an AIM-quoted gold exploration company with a focus on early-stage exploration projects in West and Central Africa, particularly in Cameroon. The company has identified significant gold anomalies at its Central Licence Package, including the Mbe project, and holds a 90% interest in the Bibemi project. Additionally, Oriole Resources has interests in the Senala gold project in Senegal and other ventures in East Africa and Turkey.
Average Trading Volume: 90,294,533
Technical Sentiment Signal: Buy
Current Market Cap: £13.07M
For detailed information about ORR stock, go to TipRanks’ Stock Analysis page.