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Oracle Power’s Partner Riversgold Halts Trading for Key Announcements

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Oracle Power’s Partner Riversgold Halts Trading for Key Announcements

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Oracle Coalfields ( (GB:ORCP) ) just unveiled an announcement.

Oracle Power PLC announced that its partner, Riversgold Limited, has requested a trading halt on the ASX due to pending announcements regarding a capital raising and a material contract for their Northern Zone Gold Project. This development indicates ongoing discussions between Oracle and Riversgold to advance operations at the Northern Zone, which could have significant implications for the project’s future and stakeholder interests.

More about Oracle Coalfields

Oracle Power PLC is an international project developer, primarily focused on energy and natural resources projects. The company is involved in developing projects that span across different regions, with a particular emphasis on gold mining and energy production.

Average Trading Volume: 613,664,608

Technical Sentiment Signal: Sell

Current Market Cap: £2.72M

For detailed information about ORCP stock, go to TipRanks’ Stock Analysis page.

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