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Oracle Power forms agreement with largest shareholder to explore new ventures in Africa

Oracle Power PLC (LON:ORCP) CEO Naheem Memon tells Proactive the firm has inked an agreement with the private office of Sheikh Ahmed Dalmook Al Maktoum which will see them potentially partner and collaborate to explore potential mining opportunities in Africa. Memon says the partnership is a 'great statement of trust' with Sheikh Ahmed Dalmook Al Maktoum, and its leading the firm in the right direction to become an international player in the natural resource, mining, and power development space.

Quick facts: Oracle Power PLC

Price: 0.6 GBX

AIM:ORCP
Market: AIM
Market Cap: £13.05 m
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NQ Minerals eyes ASX dual listing as it advances flagship Hellyer and...

NQ Minerals PLC's (LON:NQMI)(OTCQB:NQMLF) chairman David Lenigas introduces the company to Proactive Australia. NQ owns the Hellyer mine in Tasmania, the Mount Block permit surrounding the project and the recently-acquired Beaconsfield gold mine. The company's recently signed a US$55mln...

on 12/07/2020

2 min read