ORCP updates on China-Pakistand Economic corridor

Oracle Coalfields has been advised by the relevant Pakistani Government authorities that its standing in the China-Pakistan Economic Corridor (CPEC) has been elevated to the Priority List.

This inclusion on the Priority List, given the project's strategic and sizeable nature, should position the Company's project on a fast-track for approval of debt funding by the Chinese Government Agencies.

Oracle is the UK energy developer of a combined lignite mineral resource and mine mouth-power plant located in the Thar desert, in the south-east of Sindh Province, Pakistan.