Company Announcements

Oriole Resources PLC 

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

Directors Dealings

Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West and Central Africa, announces that Eileen Carr, the Company's Non-Executive Chair, has today acquired 13,500,000 Ordinary Shares in the Company ('Ordinary Shares') at an average price of 0.30 pence per share, and Martin Rosser, the Company's Chief Executive Officer, has acquired 2,675,585 Ordinary Shares at a price of 0.30 pence per share. The shares purchased represents 0.35% and 0.07% of the issued share capital of the Company respectively.

The Company's Ordinary Shares referred to above are Oriole Resources plc Ordinary Shares of 0.1 pence each and the total number of shares in issue is 3,895,872,338.

Resultant holdings in the Company's Ordinary Shares are as set out below:

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

** ENDS **

ANNEX - PDMR notifications

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

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

Notes to Editors:

Oriole Resources PLC is an AIM-listed gold exploration company, operating in West Africa. It is focussed on early-stage exploration in Cameroon, where the Company has reported a Resource of 375,000oz Au at 2.30g/t in the JORC Inferred category at its 82.2¹%-owned Bibemi project and has identified multi-kilometre gold and lithium anomalism within the district-scale Central Licence Package project. BCM International is currently earning up to a 50% interest in the Bibemi and Mbe projects in return for a combined investment of US$1.5 million in signature payments, up to US$8 million in exploration expenditure, as well as JORC resource-based success payments.

At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl ('AGEM'), a wholly-owned subsidiary of Managem Group, has recently completed a six-year earn-in to acquire an estimated 59% beneficial interest in the Senala Exploration Licence by spending US$5.8 million. A review of expenditure and 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 deliver future cash flow.

[1] Oriole is currently undertaking a restructuring process that, once completed, will see it hold a 90% interest in Bibemi (announcement dated 17 October 2024).