Result of General Meeting

RNS Number : 8512F
Oracle Coalfields PLC
25 February 2015
 



Result of GM

Released : 25 February 2015

RNS Number :

Oracle Coalfields PLC

25 February 2015

 



25 February 2015

Oracle Coalfields PLC

("Oracle" or the "Company")

Result of General Meeting to approve Equity Placing

 

Oracle Coalfields PLC (AIM:ORCP), the UK coal developer of a 1.4 billion tonne lignite resource located in the south-eastern area of the Sindh Province, Pakistan, announces that, following the announcement of its £3.37m equity placing on 9 February 2015, a General Meeting was held today at 23 Hanover Square, Mayfair, London W1S 1JB to seek approval for the issue of 535,000,000  new ordinary shares of 0.1 pence each in the Company (the "New Shares").

 

 

The Directors of the Company confirm that all resolutions were passed.

 

Application has been made for the New Shares to be admitted to trading on AIM, with dealings in the New Shares expected to commence on or around 3 March 2015.

 

 

Ends

 

 

For further information:

Oracle Coalfields PLC

Shahrukh Khan

 

+44 (0) 203 102 4807

Brandon Hill Capital Limited 

Oliver Stansfield/Jonathan Evans

 

+44 (0) 203 463 5000

Peterhouse Corporate Finance

Charles Goodfellow

 

+44 (0) 207 220 9791

Grant Thornton UK LLP

Salmaan Khawaja / Richard Tonthat / Jamie Barklem

 

+44 (0) 207 383 5100

Blytheweigh

Tim Blythe / Halimah Hussain

 

+44 (0) 207 138 3204

Fortbridge Consulting

Matt Beale / Bill Kemmery

+44 (0) 7966 389 196

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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