RE: Really pleased to have found this one today.19 Mar 2025 14:40
Oracle Power PLC is an international natural resources and power project developer with a diverse portfolio of projects across Pakistan and Australia. Below is an overview of the company’s key projects, financial activities, and current share and warrant status: 
Projects
1. Thar Block VI Project, Pakistan
• Objective: Development of a lignite coal mine integrated with a 1,320 MW mine-mouth power plant and potential coal gasification to urea production. 
• Status: The company is considering divesting, wholly or partially, its mining interests in this project to focus on clean energy initiatives. 
2. Green Hydrogen Project, Pakistan
• Objective: Establish a green hydrogen production facility in collaboration with His Highness Sheikh Ahmed Dalmook Al Maktoum’s Kaheel Energy Limited. 
• Status: Advancing through a joint venture to support Pakistan’s transition to sustainable energy sources. 
3. Northern Zone Gold Project, Western Australia
• Objective: Exploration and development of gold resources.
• Status: Significant gold intersections have been reported, and a mining lease application has been submitted. 
4. Blue Rock Valley Copper and Silver Project, Western Australia
• Objective: Exploration of copper and silver mineralization.
• Status: Multiple gravity targets have been identified, with further exploration planned. 
Financial Activities
• December 2024: Oracle Power repriced and exercised outstanding warrants, reducing the exercise price by approximately 21.9%, resulting in gross proceeds of £416,667. These funds are allocated to project developments in Australia, the green hydrogen initiative in Pakistan, and general working capital. 
• November 2024: The company raised £150,000 through a subscription with a single investor to support its global projects and provide additional working capital. 
Shares and Warrants in Issue
• As of December 2024:
• Total Ordinary Shares: 10,272,823,185
• Outstanding Warrants: 613,544,706, with exercise prices ranging between 0.07 pence and 0.17 pence per share. These warrants were repriced by approximately 21.9% to encourage exercise and provide additional capital.