05/05/2009
GB00B23JN426/GBP/PLUS-exn
Oracle Coalfields PLC
Fund Raising
Oracle Coalfields PLC (PLUS: ORCP) ("Oracle" or "the Company"), the UK developer of a 1.4 billion tonne
coal deposit in southern Pakistan, has raised an additional £99,400 following the issue of 3,313,334 new
ordinary shares of 0.1p each to certain investors at the same price 3p per share (the "Placing") in the
recently completed Placing announced on 23rd March 2009.
The gross proceeds from the above Placing will provide additional working capital for the business.
Following the completion of the placing there will be 122,359,668 Ordinary shares in issue of which the
Directors are interested in 34,658,291, shares which represents 28.32% of the issued share capital.
The Directors of the issuer accept responsibility for this announcement.
ENQUIRIES:
Oracle Coalfields PLC
Shahrukh Khan, Chairman
Telephone: +44 (0) 1366500722
Email: s.khan@oraclecoalfields.com
St Helen's Capital plc
Barry Hocken
Telephone: 020 7628 5582
Email: barry.hocken@sthelenscapital.com
Lothbury Financial
Michael Padley, Ron Marshman
Telephone: 020 7011 9411
michael.padley@lothburyfinancial.com
ron.marshman@lothburyfinacial.com
WEBSITE: www.oraclecoalfields.com
About Oracle:
Oracle Coalfields plc is a London-based resource exploration and development company with an 80 per cent
owned subsidiary (Sindh Carbon Energy Limited) operating in Pakistan. The Company's shares are quoted on
the PLUS markets (symbol: ORCP).
Oracle's flagship project is the Block VI coal project located on the Thar coalfield in the eastern Sindh
province, Pakistan. Block VI hosts a JORC-compliant resource of 1.4 billion tonnes of which 371 million
tonnes are in the proven category.
The Company also owns the Indus East coal project in Pakistan where a pre-feasibility study carried out by
Dargo Associates has confirmed a JORC-compliant inferred resource of 365 million tonnes.
Oracle Coalfields plc
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