Director/PDMR Dealings

Oriole Resources PLC

18 March 2026

 

Oriole Resources PLC

("Oriole" or the "Company")

Director/PDMR Dealings

Oriole Resources PLC (AIM: ORR), the AIM quoted gold exploration company focused on Central  and West Africa, announces that, on 18 March 2026, the following transactions were made by Directors of the Company:

a)    In order to effect a 'Bed and ISA' transaction, Eileen Carr, the Chair, has sold 2,200,000 Ordinary Shares in the Company at a price of 0.30 pence per share from her personal holding and immediately purchased 2,200,000 shares at a price of 0.30 pence per share into her Individual Savings Account.

b)    In order to effect a 'Bed and ISA' transaction, Claire Bay, Executive Director, Exploration, has sold 967,742 Ordinary Shares in the Company at a price of 0.31 pence per share from her personal holding and immediately purchased 965,500 shares at a price of 0.31 pence per share into her Individual Savings Account.

Following these transactions, which are further detailed in the PDMR Notification Forms below, Eileen Carr's ultimate beneficial ownership remains unchanged at 217,506,302 Ordinary Shares, representing 4.46% of the Company's issued share capital, and Claire Bay's ultimate beneficial ownership is 16,296,249 Ordinary Shares, representing 0.33% of the Company's issued share capital.

Enquires:

Oriole Resources PLC Martin Rosser / Bob Smeeton / Claire Bay	Tel: [phone]
Strand Hanson (Nomad & Broker) Christopher Raggett / James Spinney / Edward Foulkes	Tel: [phone]
IFC Advisory Ltd (Financial IR & PR) Tim Metcalfe / Graham Herring / Florence Staton	Tel: [phone] [e-mail]

Notes to Editors:

Oriole Resources PLC is an AIM-quoted gold exploration company, with projects in Central and West Africa.  It is currently focused on 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 deposit, 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 target.  A fully funded maiden drilling programme commenced in November 2025 and was completed in February 2026 at MB01-N, with the aim of converting the existing Exploration Target to a Resource.   Following the completion of the MB01-N drilling programme, and by meeting various financial commitments, BCM has earned a 50% interest in the project.  Drafting of a JV partnership agreement is in progress.  Mineral Resource Estimation work for MB01-N will commence shortly.

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 completed its earn-in to give it a 50% interest in Bibemi by meeting certain payment conditions, including spending US$4 million 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 (using a gold price of US$1,800/oz)  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	Eileen Carr
2	Reason for the notification
a)	Position/status	Chair
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.    0.30p	2,200,000
			2.    0.30p	2,200,000
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 March 2026
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.    0.31p	967,742
			2.    0.31p	965,500
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 March 2026
f)	Place of the transaction	London Stock Exchange, AIM

 

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