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Market: AIM
Sector: General Mining - Coal
EPIC: ORCP
Latest Price: 1.63p  (0,00%)
52-week High: 4.63p
52-week Low: 1.53p
Market Cap: 4.54M
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www.oraclecoalfields.com
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Oracle Coalfields is a UK based company with its primary coal projects in Pakistan. It will in time evaluate global opportunities for investment and strategic partnership for coal mining and production.

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RNS Release - Change of Adviser

29th Jun 2012, 7:00 am
RNS Number : 4386G
Oracle Coalfields PLC
29 June 2012
 



29 June 2012

Oracle Coalfields PLC

("Oracle" or "the Company")

Change of Adviser

Oracle Coalfields appoints Seymour Pierce as Nominated Adviser & Joint Broker

 

Oracle Coalfields PLC (AIM:ORCP), the UK coal developer of a lignite mineral property located in the south-eastern desert of the Sindh Province, Pakistan today announces that is has appointed Seymour Pierce as Nominated Adviser and Joint Broker with immediate effect.

Shahrukh Khan, CEO of Oracle, said "Seymour Pierce has an outstanding reputation in the mining sector and their appointment marks an important step as we look to develop our exciting coal project in the Sindh province, Pakistan. They offer a skill-set which will complement that of our current broker, Novus Capital.

"We would like to thank Libertas Capital for all they did for Oracle, particularly in helping us make the transition from PLUS to AIM. We wish them all the best in the future."

Ends

For further information:

 

Oracle Coalfields PLC   

Shahrukh Khan                                                                                      0;            +44 (0) 207 317 4056

 

Blythe Weigh Communications

Tim Blythe, Robert Kellner, Samantha Ryan                                       +44 (0) 207 138 3204

 

 Seymour Pierce  Nominated Adviser &Joint Broker

Stewart Dickson / Julian Erleigh (Corporate Finance)                     +44 (0) 20 7107 8000

Richard Redmayne / Jacqui Briscoe (Corporate Broking)

 

Novus Capital Markets (Joint Broker)

Denis Christie, Charles Goodfellow                                                         +44 (0) 207 107 1881


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