Exercise of Warrants and Total Voting Rights

Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa announces that, following an exercise of warrants over ordinary shares in the Company (the "Exercise"), application has been made for 13,888,888 new ordinary shares of 0.1p each ("Ordinary Shares") in the Company to be admitted to trading on AIM on 29 January 2024 ("Admission"). The exercise price of the warrants is as set out below:

The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following Admission, a total of 157,555,555 warrants and 264,526,245 options over Ordinary Shares (representing approximately 10.8 per cent. of the Company's enlarged issued share capital) remain outstanding.

Total Voting Rights

Following Admission, the Company's issued share capital will be 3,895,872,338 Ordinary Shares. This figure of 3,895,872,338 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Following the publication of this announcement, this inside information is now considered to be in the public domain.