Oscillate PLC Acquires Kalahari Copper, Moves to AIM

Oscillate PLC announced a series of transformational corporate actions, including the conditional acquisition of Kalahari Copper Limited, an equity fundraising of £2.9 million, a 50 for 1 share consolidation, and a proposed move from the Aquis Stock Exchange Growth Market to AIM. The company also plans to change its name to Serval Resources Plc. These actions are conditional upon shareholder approval at a General Meeting on April 24, 2026, with Admission to AIM expected around April 27, 2026. The net proceeds of the fundraising, approximately £2.0 million, will be used for corporate overheads, regulatory costs, and exploration activities in Namibia and Botswana, as well as working capital. The acquisition of Kalahari Copper Limited will establish Oscillate PLC as a significant landholder in emerging copper belts in Namibia and Botswana, complementing its existing joint venture in Ivory Coast. Andrew Benitz has been nominated as a Non-Executive Director upon completion of the acquisition.