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    STI   GB00B0T29327

ORIOLE RESOURCES PLC

(STI)
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Oriole Resources Receives GBP46,000 R&D Rebate

06/14/2021 | 08:27am EDT

By Jaime Llinares Taboada

Oriole Resources PLC said Monday that it has received a 46,000-pound ($64,888) research and development rebate from Her Majesty's Revenue and Customs in the U.K.

The West Africa-focused mining company said the rebate is related to a tax relief claim in respect of geoscientific advances sought by Oriole through its exploration programs.

Oriole noted the claim was for 2020. It expects that the claim for 2021 will be significantly higher.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

06-14-21 0826ET

Stocks mentioned in the article
ChangeLast1st jan.
GOLD 0.12% 1799.65 Delayed Quote.-5.14%
ORIOLE RESOURCES PLC 4.76% 0.55 Delayed Quote.17.98%
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Financials
Sales 2020 - - -
Net income 2020 -0,28 M -0,38 M -0,38 M
Net cash 2020 1,74 M 2,40 M 2,40 M
P/E ratio 2020 -14,7x
Yield 2020 -
Capitalization 8,28 M 11,4 M 11,4 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees 13
Free-Float 35,8%
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Managers and Directors
Timothy James Livesey Chief Executive Officer & Executive Director
Robert John Smeeton CFO, Secretary & Executive Director
John Francis Gerald McGloin Independent Non-Executive Chairman
David Almgren Pelham Independent Non-Executive Director
Bahriv Yildiz General Manager-Turkey
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