TIDMORCP

RNS Number : 8475V

Oracle Coalfields PLC

20 April 2016

Oracle Coalfields PLC

("Oracle" or the "Company")

20 April 2016

Result of AGM

Oracle Coalfields PLC (AIM:ORCP), 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, announces that it has today held its Annual General Meeting ("AGM") at 23 Hanover Square, Mayfair, London W1S 1JB.

The Directors of the Company confirm that all resolutions were passed with the exception of resolution three, for the re-election of Mr William Adrian Loader as a Director, which was not passed by poll vote.

The Board has full confidence in Mr Loader and intends to engage with its shareholders on the implication of this vote in relation to resolution three. The Company will update the market in due course.

An updated Investor Presentation can be viewed on the Company's website, www.oraclecoalfields.com.

For further information:

 
 Oracle Coalfields PLC                    +44 (0) 203 
  Shahrukh Khan                              102 4807 
 Brandon Hill Capital Limited              +44 (0)203 
  Oliver Stansfield                          463 5000 
 Peterhouse Corporate Finance          +44 (0)20 7220 
  Charles Goodfellow                             9791 
 Grant Thornton UK LLP 
  Salmaan Khawaja, Richard Tonthat,       +44 (0) 207 
  Daniel Bush                                373 5100 
 Blytheweigh 
  Tim Blythe, Camilla Horsfall,           +44 (0) 207 
  Megan Ray                                  138 3204 
 Fortbridge Consulting                    +44 (0)7966 
  Matt Beale, Bill Kemmery                     389196 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 20, 2016 13:08 ET (17:08 GMT)