REG - Oracle Power PLC - Appointment of Joint Broker

Oracle PowerAnnouncement

03/05/2022 07:15

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RNS Number : 9573J  Oracle Power PLC  03 May 2022

 

3 May 2022

 

Oracle Power PLC

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

 

Appointment of Joint Broker

 

Oracle Power PLC (AIM:ORCP), the international natural resources project
developer, announces that Strand Hanson Limited has been appointed as the
Company's joint broker with immediate effect.  Strand Hanson Limited will
also continue to act as the Company's nominated adviser.

 

*ENDS*

 

For further information:

 Oracle Power PLC                                              +44 (0) 203 580 4314

 Naheed Memon - CEO
 Strand Hanson Limited (Nominated Adviser & Joint Broker)      +44 (0) 20 7409 3494

 Rory Murphy, James Harris, Rob Patrick
 Shard Capital Limited (Joint Broker)                          +44 (0) 20 7186 9952

 Damon Heath, Isabella Pierre
 St Brides Partners Limited (Financial PR)                     +44 (0) 20 7236 1177

 Susie Geliher, Selina Lovell

 

About Oracle Power PLC:

 

Oracle Power PLC is an international natural resource and power project
developer quoted on London's AIM market.  The Company holds two highly
prospective gold assets in two globally significant gold regions of Western
Australia.  The Northern Zone Project is located 25km east of the major gold
mining centre of Kalgoorlie, the home of the 'Super Pit' mine, the second
largest gold mine in Australia, and the Jundee East Gold Project is located
~9km east of Northern Star's Jundee Gold Mine, one of Australia's largest gold
mines.

 

The Company is also active in the power industry in Pakistan and is working to
establish a green hydrogen production facility through Oracle Energy Limited,
a joint venture with His Highness Shaikh Ahmed Dalmook Al Maktoum.  The
Company's initial project is the Thar Block VI Project in south-east Pakistan
where the Company is advancing plans for a combined lignite coal mine, a
1,320MW mine mouth power plant and a proposed coal gasification to urea
project.

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