The Company has raised an additional around 3 million pounds sterling and is being admitted to AIM with a market capitalisation of approximately 25 million pounds, having transferred from PLUS Markets.
Incorporated in the UK, Oracle will be the first company with a major coal mining project in Pakistan to join AIM.
The Company de-listed from PLUS at the close of business on Tuesday.
Oracle Coalfields is an independent coal developer of an estimated 1.4 billion tonne coal resource in Sindh.
The Company owns 80 percent of Sindh Carbon Energy Limited which has been granted a licence in the Thar coal field for coal extraction and development.
Ibukun Adebayo, Head of Primary Markets, South Asia, Africa, and Middle East at London Stock Exchange Group, speaking on the occasion said:
"We are delighted to welcome Oracle Coalfields to AIM, where it joins a wide peer group of South Asian energy companies and gains access to London's leading pool of international investment capital.Oracle Coalfields' admission highlights the vital role that the London Stock Exchange can play in financing Pakistan's energy requirements and infrastructure development.
We look forward to welcoming more Pakistan-focussed companies to our equity markets in the future."
In response Oracle Coalfields CEO Shahrukh Khan said: "Oracle Coalfields is at a key stage in its development and we believe AIM can provide the best platform to support the company through its next phase of growth, it will provide additional liquidity, a high profile and access to a large pool of institutional and international investors.
"We are delighted that the strong support of new and existing shareholders has led to us to being significantly oversubscribed
The funds we have raised will be used to complete our planned work programme for the Bankable Feasibility Study and work towards mine development. "
Oracle Coalfields joins four other Pakistani companies listed on London Stock Exchange markets, Lucky Cement, MCB Bank, and United Bank, which are listed on the Professional Securities Market and Oil and Gas Development which is listed on the Main Market.
Libertas Capital Corporate Finance Ltd is the nominated adviser and broker for the company.