Oracle Coalfields (GB:ORCP) has released an update.
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Oracle Power PLC has successfully raised £300,000 through a new share subscription to fund the development of their projects in Australia and their green hydrogen joint venture. The incoming funds will also bolster the company’s working capital, with new shares expected to start trading on the AIM market of the London Stock Exchange around mid-May 2024. This financial boost aims to maintain the company’s project momentum and enhance shareholder returns.
For further insights into GB:ORCP stock, check out TipRanks’ Stock Analysis page.