ORACLE POWER PLC

Regulatory Filings • Mar 15, 2013

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RNS Number : 0668A

Oracle Coalfields PLC

15 March 2013

15 March 2013

Oracle Coalfields PLC

("Oracle" or "the Company")

Change of Advisor

Oracle Coalfields PLC appoints Grant Thornton as Nominated Adviser

Oracle Coalfields PLC (AIM:ORCP), the UK coal developer of a 1.4 billion tonne lignite resource located in the south-eastern desert of the Sindh Province, Pakistan, today announces that it has appointed Grant Thornton UK LLP as Nominated Adviser with immediate effect.

Shahrukh Khan, CEO of Oracle, said "Grant Thornton has a well established reputation in the mining sector and its appointment marks a further step in the development of our exciting coal project in the Sindh Province, Pakistan.

"We would like to thank Seymour Pierce for their assistance in providing Nominated Adviser and Joint Broker Services."

Ends

For further information:

Oracle Coalfields PLC   

Shahrukh Khan, CEO                                                                                       +44 (0) 20 7317 4050  

Blythe Weigh Communications

Tim Blythe, Paul Weigh, Robert Kellner                                                +44 (0) 20 7138 3204

Grant Thornton (Nominated Adviser)

Gerry Beaney/David Hignell                                                                       +44 (0) 20 7728 3402

Novus Capital Markets 

Charles Goodfellow                                                                                       +44 (0) 20 7107 1881

This information is provided by RNS

The company news service from the London Stock Exchange

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