Oriole Resources PLC (GB:ORR) has released an update.
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Oriole Resources PLC has announced the issuance of 166.7 million share options to its directors and management as a reward for their efforts in securing a significant investment deal with BCM International Ltd. This deal has brought in $8 million for exploration projects in Cameroon and led to additional bonuses, reflecting strong confidence in the company’s future. The share options, issued at a premium, serve as both compensation and a testament to the team’s belief in Oriole’s assets despite challenging financing conditions for junior explorers.
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