Oracle Coalfields (GB:ORCP) has released an update.
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Oracle Power PLC has successfully raised £150,000 through a subscription of over 1.1 billion new ordinary shares at 0.013 pence per share. The funds are earmarked for advancing projects in Australia and Pakistan, including a potential mining joint venture and general working capital. With these new shares admitted to AIM trading, Oracle Power bolsters its position in the international project development arena.
For further insights into GB:ORCP stock, check out TipRanks’ Stock Analysis page.