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Pin to quick picksOracle Power Share News (ORCP)

Share Price Information for Oracle Power (ORCP)

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Share Price: 0.0145
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Change: 0.00 (0.00%)
Spread: 0.003 (23.077%)
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IN BRIEF: Oracle Power touts high-grade gold at Northern Zone project

Tue, 26th Nov 2024 18:57

Oracle Power PLC - Australia and Pakistan-focused projects developer - Reports "significant" high grade gold intercepts from drilling at its Northern Zone intrusive hosted gold project in Australia, following farm-in partner Riversgold Ltd's fourth aircore programme. It expects a mineralisation report by the end of November, and intends to submit a mining lease application shortly afterwards.

Chief Executive Officer Naheed Memon says: "The Northern Zone project continues to indicate significant gold intercepts and grow the footprint, and is demonstrating high grades at relatively shallow depths over good widths within the overall 600km wide porphyry."

Current stock price: 0.030 pence

12-month change: down 25%

By Emily Parsons, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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IN BRIEF: Oracle Power shares plunge on fundraise for hydrogen project

Oracle Power PLC - Pakistan and Australia-focused natural resources project developer - Enters into placing agreement to raise GBP350,000 through the placing of 1.0 billion shares at a price of 0.035 pence each. Notes agreement is conditional on the passing of related resolutions due to be proposed at a general meeting. The proceeds of the placing will primarily be used to support the advancement of the company's green hydrogen project in Pakistan. They will also help provide the company with sufficient working capital to develop its other projects.

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25 Sep 2023 10:18

Oracle Power fist half loss widens on increased overheads

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12 Sep 2023 10:44

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12 Sep 2023 10:22

Oracle Power completes feasibility study for green hydrogen project

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21 Aug 2023 13:49

Oracle Power reports progress at Northern Zone gold project

(Sharecast News) - International project developer Oracle Power updated the market on the ongoing development of the Northern Zone project by Riversgold on Monday.

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21 Aug 2023 09:51

Oracle Power notes Riversgold completes drilling at Australia project

(Alliance News) - Oracle Power PLC on Monday said that Riversgold Ltd completed its maiden diamond drilling programme at the Northern Zone gold project in Western Australia.

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28 Jul 2023 14:19

IN BRIEF: Oracle Power notes successful survey at green hydrogen plant

Oracle Power PLC - Pakistan-focused energy projects developer - Successfully raises GBP363,000 gross in June via a placing of shares at 0.1p. Says net proceeds will be used to advance its green hydrogen project in Sindh, Pakistan. Adds survey at green hydrogen project has revealed no obstructions, noting that the second quarter of the year has been "extremely productive."

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19 Jul 2023 14:36

UK shareholder meetings calendar - next 7 days

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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18 Jul 2023 17:30

TRADING UPDATES: Great Southern Copper identifies high-grade copper

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29 Jun 2023 13:17

EARNINGS SUMMARY: Belluscura loss widens; Civitas Social ups payout

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26 Jun 2023 10:33

IN BRIEF: Oracle Power teams up with Global Green Growth Institute

Oracle Power PLC - London-based, Pakistan-focused energy projects developer - Enters memorandum of understanding with Seoul-headquartered Global Green Growth Institute, valid for next five years. GGGI will provide Oracle with opportunities to engage with industry stakeholders, to facilitate development and finance green energy projects. Both parties will share knowledge and best practices to promote renewable energy sources in GGGI member and partner countries. GGGI, led by former United Nations Secretary General Ban Ki-moon, aims to promote sustainable development in developing and emerging Asian countries and help them achieve Net Zero goals by 2050.

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22 Jun 2023 10:52

IN BRIEF: Oracle Power raises funds for green project with Dubai royal

Oracle Power PLC - Pakistan-focused energy projects developer - Raises GBP363,000 through placing 323.0 million shares and a subscription for 40.0 million shares, both at 0.1 pence per share. Proceeds will primarily support the advancement of Oracle's green hydrogen project through its joint venture with Sheikh Ahmed Dalmook Al Maktoum and for general working capital purposes. Al Maktoum is Oracle Power's largest investor and has a 70% share in the JV. Trading in London of the fundraising shares is expected to start on or around June 27.

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