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Oracle Power PLC Raises £318,600 to Boost Australian and Pakistani Projects

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Oracle Power PLC Raises £318,600 to Boost Australian and Pakistani Projects

Confident Investing Starts Here:

Oracle Coalfields ( (GB:ORCP) ) just unveiled an update.

Oracle Power PLC has successfully raised £318,600 through a placing of new ordinary shares, with the funds earmarked for advancing projects in Australia and Pakistan, as well as for general working capital. This financial boost is expected to accelerate the company’s ongoing projects, particularly in Australia, enhancing its operational capabilities and potentially strengthening its position in the energy sector.

More about Oracle Coalfields

Oracle Power PLC is an international project developer quoted on London’s AIM market, focusing on energy projects in Western Australia and Pakistan, including the establishment of a major green hydrogen production facility in Pakistan.

YTD Price Performance: 15.00%

Average Trading Volume: 295,313,225

Technical Sentiment Signal: Buy

Current Market Cap: £2.41M

Learn more about ORCP stock on TipRanks’ Stock Analysis page.

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