TIDMSTI

RNS Number : 7235Z

Stratex International PLC

04 September 2018

Stratex International Plc

("Stratex", the "Company" or the "Group")

Results of General Meeting,

Change of name to Oriole Resources PLC and New Website

Stratex International Plc, the AIM-quoted gold exploration and development company, announces that, further to its announcement of 16 August 2018, it held its General Meeting at 10.00 am today and the resolution to change the name of the Company was duly passed.

The change of name to Oriole Resources PLC will be effective once Companies House has issued a certificate of incorporation on change of name, which is expected later today. No new share certificates will be issued in respect of existing ordinary shares held in certificated form. Shareholders should retain their existing share certificates, which will remain valid.

Trading in the Company's ordinary shares under the name Oriole Resources PLC will take effect from 5 September 2018, and the Company's ticker will be changed to 'ORR'.

The Company will also launch its new website on 5 September 2018, which can be viewed at www.orioleresources.com.

John McGloin, Chairman of Stratex, said: "I am delighted to announce the approval of the Company's rebranding to Oriole Resources PLC, an important step as we continue the repositioning of the Company that was started eight months ago. We now look forward to progressing with a new Board and management team, and a renewed strategic focus on Africa and Europe."

** ENDS **

 
 Stratex International Plc                       Tel: +44 (0)20 830 9650 
 Tim Livesey / Bob Smeeton / Claire 
  Bay 
 
 Camarco (IR/PR Contact)                         Tel: +44 (0)20 3757 3763 / 020 
                                                 3781 3765 
 Gordon Poole / Nick Hennis / Monique 
  Perks 
 Grant Thornton UK LLP                           Tel: +44 (0)20 7383 5100 
 Samantha Harrison / Ben Roberts / Samuel Rowe 
 Hannam & Partners                               Tel: +44 (0)20 7907 8500 
 Neil Passmore / Andrew Chubb 
 Turner Pope Investments (TPI) Ltd               Tel: +44 (0)2036214120 
 Ben Turner / James Pope / Andy 
  Thacker

Notes to Editors:

The Company is focused on early-stage gold exploration in Cameroon and more advanced exploration in Senegal, where IAMGOLD has the option to spend US$8m at the Dalafin project to earn up a 70% interest. It also continues to review early-stage exploration opportunities in Africa and Europe. In Turkey, the Company owns 14.87% of a copper-gold project at feasibility stage, which will likely default to a 1.2% (post-Turkish tax) royalty position during 2018, and it is managing its royalty interests in a number of other projects. The Company also has interests in Thani Stratex Resources Ltd, Tembo Gold Corp. and Aforo Resources Limited for their exploration projects in Djibouti and Egypt, Tanzania and Burkina Faso respectively.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

September 04, 2018 06:19 ET (10:19 GMT)

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