Investor Webinar

RNS Number : 0653G

Oracle Power PLC

11 November 2022

 

Reach - non-regulatory announcement

11 November 2022

Oracle Power PLC

("Oracle", the "Company" or the "Group")

Investor Webinar

Oracle Power PLC (AIM:ORCP), the international natural resources project developer, is pleased to announce that CEO Naheed Memon will be hosting an investor webinar via Monecor (London) Limited, trading as OvalX, on Thursday 17 November at 17:00.

Prospective and current investors are welcome and can register to attend using the link below:

https://attendee.gotowebinar.com/register/7595622464754305035.

*ENDS*

For further information please contact:

Oracle Power PLC Naheed Memon	[phone]
St Brides Partners Limited (Financial PR) Susie Geliher, Catherine Leftley	[phone]

About Oracle Power PLC:

Oracle Power PLC is an international natural resource and power project developer quoted on London's AIM market. The Company currently has two areas of focus: Western Australia and Pakistan. The Company is active in the energy industry in Pakistan and is working to establish a green hydrogen production facility through Oracle Energy Limited, a joint venture with His Highness Shaikh Ahmed Dalmook Al Maktoum. 

Oracle Energy has been set up as the project development company and is funded on a 70:30 basis by Kaheel Energy (100% owned by His Highness Shaikh Ahmed Dalmook Al Maktoum) and Oracle Power respectively.  The project development company provides a vehicle to support the accelerated development of the green hydrogen project to meet the growing international and domestic demand of green hydrogen and clean energy. 

The Company also continues to advance towards the development of its Thar Block VI Project in south-east Pakistan into a mine, a power plant and a proposed coal gasification project. 

In Australia, its primary focus is the Northern Zone Gold Project, located 25km east of the major gold mining centre of Kalgoorlie, the home of the 'Super Pit' mine, the second largest gold mine in Australia.  Northern Zone has a current Exploration Target of 200-250Mt at 0.4-0.6g/t Au for between 2.5 - 4.8Moz gold, with drilling being planned to define a maiden inferred JORC resource. 

 

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