Oriole Resources PLC - Statement re Share Price Movement

RNS Number : 1882M

Oriole Resources PLC

19 January 2021

Oriole Resources PLC

('Oriole Resources' or 'the Company' or 'the Group')

Statement re Share Price Movement

Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, notes the recent and sustained rise in the Company's share price and the Board confirms that it is not aware of any specific reason for this increase. The Company is not aware of any developments beyond those notified to the market historically and summarised in yesterday's announcement (announcement 18 January 2021). The Company will provide any updates on the projects as they become available.

** ENDS **

For further information please visit www.orioleresources.com, @OrioleResources on Twitter, or contact:

Oriole Resources PLC Bob Smeeton / Tim Livesey / Claire Bay	Tel: +44 (0)20 7830 9650
Blytheweigh (IR/PR contact) Tim Blythe / Megan Ray / Rachael Brooks	Tel: +44 (0)20 7138 3204
Grant Thornton UK LLP Samantha Harrison / Seamus Fricker / George Grainger	Tel: +44 (0)20 7383 5100
Shard Capital Partners LLP Damon Heath / Erik Woolgar / Isabella Pierre	Tel: +44 (0)20 186 9900

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.

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