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.
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