Oriole Resources PLC
('Oriole' or the 'Company')
Director/PDMR Dealings
Oriole Resources PLC (AIM: ORR), the AIM quoted gold exploration company focused on West and Central Africa, announces that, on 18 December 2025, the following transactions were made by Directors of the Company:
a) In order to effect a Bed and ISA transaction, Robert Smeeton, the Chief Financial Officer, has sold 5,357,679 Ordinary Shares in the Company as a price of 0.28 pence per share from his personal holding and immediately purchased 5,352,339 shares at a price of 0.28 pence per share into his Individual Savings Account.
b) In order to effect a Bed and ISA transaction, Claire Bay, Executive Director, Exploration, has sold 3,571,965 Ordinary Shares in the Company as a price of 0.28 pence per share from her personal holding and immediately purchased 3,567,160 shares at a price of 0.28 pence per share into her Individual Savings Account.
Following these transactions, which are further detailed in the PDMR Notification Forms below, Robert Smeeton's ultimate beneficial ownership is 47,002,118 Ordinary Shares, representing 0.99% of the Company's issued share capital. Claire Bay's ultimate beneficial ownership is 16,298,491 Ordinary Shares, representing 0.34% of the Company's issued share capital.
Enquires:
|
Oriole Resources PLC Martin Rosser / Bob Smeeton / Claire Bay
|
Tel: +44 (0)23 8065 1649 |
|
Strand Hanson (Nomad & Broker) Christopher Raggett / James Spinney / Edward Foulkes
|
Tel: +44 (0)20 7409 3494 |
|
IFC Advisory Ltd (Financial IR & PR) Tim Metcalfe / Graham Herring / Florence Staton
|
Tel: +44 (0)20 3934 6632 oriole@investor-focus.co.uk |
Notes to Editors:
Oriole Resources PLC is an AIM-quoted gold exploration company, with projects in West and Central Africa. It is focused on early-stage exploration in Cameroon.
At its district scale Central Licence Package, the Company has identified multi-kilometre long gold anomalies including at its flagship Mbe project. At Mbe, the Company has published a JORC Inferred MRE of 870,000oz at 1.09g/t Au for the MB01-S zone, and an Exploration Target range of 15Mt to 20Mt at a grade of 0.77g/t to 0.94g/t Au for 370,000oz to 605,000oz contained gold for the MB01-N zone. A fully funded maiden drilling programme commenced in November 2025 at MB01-N with the aim of converting the existing Exploration Target to a Resource. BCM is nearing completion of US$4 million in exploration expenditure at Mbe, which will see it earn a 50% interest.
The Company has also reported a Resource of 460,000oz contained gold at 2.06g/t Au in the JORC Indicated and Inferred categories at its 50% owned Bibemi project, where it has applied for an exploitation licence. In November 2025, BCM International completed its earn-in to a 50% interest in Bibemi by meeting certain payment conditions including spending a further US$4m on exploration.
At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl ('AGEM'), a wholly owned subsidiary of Managem Group, has completed a six-year earn-in to acquire an approximate 59% beneficial interest in the Senala Exploration Licence by spending US$5.8 million. The Company has reported a Resource of 155,000oz contained gold at 1.26g/t Au in the JORC Inferred category for the Faré South prospect, and an additional, complementary Exploration Target range of 17Mt to 24Mt at a grade of 0.69g/t to 0.84g/t Au for 380,000oz to 650,000oz contained gold for all prospects at Senala. Best results to date include 20.00m grading 31.13 g/t Au including 10.00m grading 60.98 g/t Au from RC drilling and 59.60m grading 2.20 g/t Au from diamond drilling. Discussions on the formation of a joint venture company are currently underway. The Company also has several interests and royalties in companies operating in East Africa and Turkey that could give future cash payments.
For further information please visit www.orioleresources.com, @OrioleResources on X
ANNEX - PDMR notifications
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Robert Smeeton |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Chief Financial Officer |
|||
|
b)
|
Initial notification /Amendment
|
Initial notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Oriole Resources PLC |
|||
|
b)
|
LEI
|
213800X32GJR5AGAR511 |
|||
|
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
||||
|
a)
|
Description of the financial instrument, type of instrument |
Ordinary shares of 0.1 pence each in the capital of the Company
|
|||
|
|
|
||||
|
Identification code |
Ordinary share ISIN: GB00B0T29327 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
1. Sale of Ordinary Shares 2. Purchase of Ordinary Shares |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
1. 0.28p |
5,357,679 |
|
|
|
|
|
2. 0.28p |
5,352,339 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
Aggregate share purchases: N/A - single transaction |
||||
|
|
Aggregate share sales: N/A - single transaction |
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
18 December 2025 |
|||
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Claire Jenna Louise Bay |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Executive Director |
|||
|
b)
|
Initial notification /Amendment
|
Initial notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Oriole Resources PLC |
|||
|
b)
|
LEI
|
213800X32GJR5AGAR511 |
|||
|
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
||||
|
a)
|
Description of the financial instrument, type of instrument |
Ordinary shares of 0.1 pence each in the share capital of the company |
|||
|
|
|
||||
|
Identification code |
Ordinary share ISIN: GB00B0T29327 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
1. Sale of Ordinary Shares 2. Purchase of Ordinary Shares |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
1. 0.28p |
3,571,965 |
|
|
|
|
|
2. 0.28p |
3,567,160 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
Aggregate share purchases: N/A - single transaction |
||||
|
|
Aggregate share sales: N/A - single transaction |
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
18 December 2025 |
|||
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM |
|||