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Pin to quick picksOracle Power Share News (ORCP)

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Oracle Power Withdraws Another GBP50,000 Of Brandon Hill Loan

Wed, 10th Jul 2019 11:20

(Alliance News) - Oracle Power PLC on Wednesday said it has received another GBP50,000 tranche of its loan with Brandon Hill Capital Ltd.

The company is currently developing a combined lignite coal mine and power plant in Pakistan, as well as being a UK energy developer, and has now drawn down GBP100,000 of its Brandon Hill loan.

Oracle Power announced the loan facility at the end of May. It is worth up to GBP250,000 and can be drawn down in monthly increments of GBP50,000. The loan coupon is 12% per annum and interest accrues daily.

Shares in Oracle Power were untraded at 0.32 pence on Wednesday morning.

More News
28 Aug 2020 13:40

Oracle Power and partners to meet with Pakistan authorities

(Sharecast News) - Oracle Power updated the market on Friday, reporting that itself and its consortium partners China National Coal Development Company and the private office of His Highness Sheikh Ahmed Bin Dalmook Juma Al Maktoum have been invited to meet with Pakistan's Private Power and Infrastructure Board (PPIB) in early September, to present the Thar Block VI project implementation plan with a view to finalising the award of a letter of intent.

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29 Jul 2020 21:20

IN BRIEF: Oracle Power Signs Memorandum With Sheikh Dalmook Al Maktoum

IN BRIEF: Oracle Power Signs Memorandum With Sheikh Dalmook Al Maktoum

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14 Jul 2020 21:55

IN BRIEF: Oracle Power Gets Fee From China National Coal Development

IN BRIEF: Oracle Power Gets Fee From China National Coal Development

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9 Jul 2020 19:15

IN BRIEF: Oracle Power Enters GBP46.5 Million Financing Facility

IN BRIEF: Oracle Power Enters GBP46.5 Million Financing Facility

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26 Jun 2020 15:58

IN BRIEF: Oracle Power Banks GBP22,5000 From Warrants Exercise

IN BRIEF: Oracle Power Banks GBP22,5000 From Warrants Exercise

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4 Jun 2020 11:26

Oracle Power submits evaluation fee to Pakistan power board

(Sharecast News) - Oracle Power updated the market on the consortium application for a letter of intent to the Pakistan Private Power and Infrastructure Board (PPIB) on Thursday, which it submitted in March.

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3 Apr 2020 11:41

UK TRADING UPDATE SUMMARY: Bagir Says Cash Insufficient To Carry On

UK TRADING UPDATE SUMMARY: Bagir Says Cash Insufficient To Carry On

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18 Mar 2020 19:48

EXECUTIVE CHANGE SUMMARY: Focusrite And Medica Finance Chiefs To Leave

EXECUTIVE CHANGE SUMMARY: Focusrite And Medica Finance Chiefs To Leave

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11 Mar 2020 16:01

Oracle Power reassures shareholders over support for Thar development

(Sharecast News) - Oracle Power noted a letter on Wednesday, from the Minister of Energy for the Government of Sindh to the chairman of the China Pakistan Economic Corridor Authority (CPEC), dated 9 March and copied to the Chinese Ambassador to Pakistan and Oracle's CEO Naheed Memon.

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11 Mar 2020 14:44

REPEAT: Oracle Power Says "Strong Support" For Pakistan Coal Project

REPEAT: Oracle Power Says "Strong Support" For Pakistan Coal Project

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11 Mar 2020 14:43

Oracle Power Says "Strong Support" From Pakistan Coal Project

Oracle Power Says "Strong Support" From Pakistan Coal Project

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25 Feb 2020 09:53

Oracle Power notes high-level meetings over Thar desert projects

(Sharecast News) - Oracle Power updated the market on a meeting held in Karachi, Pakistan on 21 February on Tuesday, where the chief minister of the province of Sindh, Syed Murad Ali Shah, met with the chairman of the China-Pakistan Economic Corridor (CPEC) authority, Lieutenant General Asim Saleem Bajwa.

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19 Feb 2020 12:53

Oracle Power Agrees Shareholding Structure For Pakistani Power Project

Oracle Power Agrees Shareholding Structure For Pakistani Power Project

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3 Feb 2020 17:16

Oracle Power Signs 12-Month Lock-In Agreement With Shareholder

Oracle Power Signs 12-Month Lock-In Agreement With Shareholder

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15 Jan 2020 14:58

Oracle Power Gets GBP205,811 From Warrants Exercise

Oracle Power Gets GBP205,811 From Warrants Exercise

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