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Share Price: 0.021

Bid: 0.019

Ask: 0.023

Change: 0.00 (0.00%)

Spread: 0.004 (21.053%)

Open: 0.021

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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.

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Oracle Power Share News (ORCP)

Share Price Information for Oracle Power (ORCP)

Oracle Power Withdraws Another GBP50,000 Of Brandon Hill Loan

Oracle Power gets go-ahead for Jundee East work programme

AIM WINNERS & LOSERS: Egyptian Vulture well discovery boosts Longboat

Oracle Power shares rise 10% on approval for Jundee East gold drilling

TRADING UPDATES: Weaker annual revenue for Tristel and Leeds

TRADING UPDATES: PCI-PAL adds Amazon platforms; Mode Global, THG team

Oracle Power signs green hydrogen cooperation deal with PowerChina

AIM WINNERS & LOSERS: Cadence rises on Amapa "landmark"; ASOS dives

IN BRIEF: Oracle Power to develop green hydrogen plant with PowerChina

IN BRIEF: Oracle pleased with directive for next annual energy review

Director dealings: Diageo chair buys shares for his adult children

DIRECTOR DEALINGS: Incoming Sage chair buys GBP100,000 in shares

EARNINGS UPDATES: Kape, Dekel, M&C Saatchi see bumper first halves

IN BRIEF: Drilling underway at Oracle Power Northern Zone gold project

TRADING UPDATES: Challenger Energy hails Saffron-2 well; SDCL placing

IN BRIEF: Oracle Power finds gold at Jundee five drill-ready targets

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