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Oriole Resources PLC ( (GB:ORR) ) has shared an announcement.
Oriole Resources PLC has announced that Lanstead Capital Investors LP now holds a significant 8.99% stake in the company, with 350,410,342 ordinary shares. This change in ownership is a critical development for Oriole, as it reflects shifts in shareholder dynamics and could influence strategic decisions. The involvement of key investors like Lanstead is vital as Oriole continues its exploration activities in Africa and pursues potential joint ventures and investments.
More about Oriole Resources PLC
Oriole Resources PLC is an AIM-listed gold exploration company operating in Central and West Africa. The company focuses on early-stage exploration, particularly in Cameroon, where it has reported a significant gold resource at its Bibemi project and identified promising gold and lithium anomalies in the Central Licence Package project. Oriole is also involved in a joint venture at the Senala gold project in Senegal and holds interests and royalties in East Africa and Turkey.
YTD Price Performance: 55.88%
Average Trading Volume: 15,117,448
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £10.32M
Learn more about ORR stock on TipRanks’ Stock Analysis page.
