Exercise of Warrants and Total Voting Rights
Oriole Resources PLC announced the exercise of warrants, resulting in the issuance of 107,925,555 new ordinary shares at 0.25 pence each, raising £269,814. These new shares will rank pari passu with existing shares. Following this, the company's total issued share capital will be 4,872,268,356 ordinary shares. A significant number of warrants, 869,662,686, and 399,916,245 options remain outstanding.
Select text to share a quote on X · sign in to keep highlights & notes in your ORR notes
Oriole Resources PLC (AIM: ORR), the AIM quoted gold exploration company focused on West and Central Africa announces that, following an exercise of warrants over ordinary shares in the Company, application has been made for 107,925,555 new ordinary shares of 0.1p each ("Ordinary Shares") in the Company to be admitted to trading on AIM on 15 January 2026 ("Admission"). The exercise price of the warrants is as set out below:
| Instrument | Exercise Price (pence) | Number of New Ordinary Shares to be admitted | Aggregate Price |
|---|---|---|---|
| Warrants | 0.25 | 107,925,555 | £269,814 |
The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
Following Admission, a total of 869,662,686 warrants and 399,916,245 options over Ordinary Shares remain outstanding (representing approximately 17.85% and 8.21% respectively of the Company's enlarged issued share capital).
Total Voting Rights
Following Admission, the Company's issued share capital will be 4,872,268,356 Ordinary Shares and this figure 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.