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Company Update

26 Sep 2025 13:39

RNS Number : 0578B
Oracle Power PLC
26 September 2025
 

26 September 2025

Oracle Power PLC

("Oracle" or the "Company")

 

Company Update

 

Oracle Power PLC (AIM: ORCP), an international project developer, notes the announcement this morning on the ASX by Riversgold Limited ("Riversgold"), the Company's partner in the Northern Zone Gold Project (the "Project" or "Northern Zone").

 

Riversgold requested a halt in trading of its securities on the ASX effective immediately, pending an announcement regarding a capital raising and a material contract for the Northern Zone. The trading halt will remain in place until not later than commencement of trading on Tuesday 30 September or until the release of the announcement referred to above.

 

The Company wishes to clarify that Riversgold and Oracle are in discussions regarding a material contract with a firm to progress operations at the Northern Zone and that any further announcement will be made in due course as appropriate.

 

**ENDS**

 

For further information on Oracle, please visit the Company's website at http://www.oraclepower.co.uk or contact:

 

Oracle Power PLC

Naheed Memon - CEO +44 (0) 20 3580 4314

 

Strand Hanson Limited (Nominated Adviser & Broker)

Rory Murphy, Matthew Chandler, Rob Patrick +44 (0) 20 7409 3494

 

St Brides Partners Limited (Financial PR)

Susie Geliher, Isabel de Salis +44 (0) 20 7236 1177

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

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