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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Oriole Resources Plc | LSE:ORR | London | Ordinary Share | GB00B0T29327 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.365 | 0.35 | 0.38 | 0.36 | 0.36 | 0.36 | 10,242,977 | 16:35:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 115k | -1.62M | -0.0008 | -4.50 | 7.18M |
TIDMORR
RNS Number : 2308O
Oriole Resources PLC
08 February 2021
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
Exercise of Warrants and Options and Total Voting Rights
Oriole Resources PLC (AIM: ORR) , the AIM-quoted exploration company focussed on West Africa announces that, following an exercise of warrants and options over ordinary shares in the Company (the 'Exercise'), application has been made for 19,188,315 new ordinary shares of 0.1p each ('Ordinary Shares') in the Company to be admitted to trading on AIM on 11 February 2021 ('Admission'). The exercise prices of the warrants are as set out below:
Instrument Exercise Price Number of New Ordinary Shares (pence) to be admitted Warrants 0.68 19,138,315 --------------- ------------------------------ Options 0.37 50,000 --------------- ------------------------------
The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
Following Admission, a total of 256,406,832 warrants and 82,476,246 options over Ordinary Shares (representing approximately 22.2 per cent. of the Company's enlarged issued share capital) remain outstanding.
Total Voting Rights
Following Admission, the Company's issued share capital will be 1,528,695,310 Ordinary Shares. This figure of 1,5028,695,310 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Following the publication of this announcement, this inside information is now considered to be in the public domain.
** ENDS **
For further information please visit www.orioleresources.com , @OrioleResources on Twitter, or contact:
Oriole Resources PLC Tel: +44 (0)20 7830 Bob Smeeton / Tim Livesey / Claire 9650 Bay Blytheweigh (IR/PR contact) Tel: +44 (0)20 7138 Tim Blythe / Megan Ray / Rachael Brooks 3204 Grant Thornton UK LLP Tel: +44 (0)20 7383 Samantha Harrison / Seamus Fricker 5100 / George Grainger Shard Capital Partners LLP Tel: +44 (0)20 186 Damon Heath / Erik Woolgar / Isabella 9900 Pierre
Notes to Editors:
Oriole Resources PLC is an AIM-listed exploration company, operating West Africa. It is focused on early-stage exploration in Cameroon (Bibemi and Wapouzé projects) and the more advanced Senala gold project in Senegal, where IAMGOLD has the option to spend US$8 million to earn a 70% interest. Year two commitments have been met at all three projects. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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(END) Dow Jones Newswires
February 08, 2021 02:00 ET (07:00 GMT)
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