#London #United Kingdom #Oscillate PLC #Kalahari Copper #Serval Resources

Oscillate PLC Transitions to Serval Resources

Introduction
In a significant strategic move, Oscillate PLC, recognized for developing independent copper and future metals ventures, has announced its plans to acquire Kalahari Copper Ltd. This acquisition not only represents a pivotal investment venture but also marks the company’s transition into becoming Serval Resources. The announcement, made public on April 1, 2026, outlines the framework for this acquisition, a concurrent equity fundraising, and the proposed listing on the AIM market.

The Acquisition of Kalahari Copper

The acquisition of Kalahari Copper will position Oscillate as a prominent landholder in two emerging and under-explored copper belts: the Kaoko Basin in Namibia and the Kalahari Copper Belt in Botswana. These regions are believed to hold immense potential, being less explored in comparison with their neighbor, the Central African Copper Belt. According to Oscillate's management, this acquisition is pivotal to establishing a robust copper supply chain.

CEO Robin Birchall stated, _"This transformational transaction positions the Company advantageously in two highly prospective and emerging copper belts, generating potential not only within Namibia and Botswana but also with upside opportunities from Côte d'Ivoire’s Duékoué project."_

AIM Admission and Fundraising

Sharpening its focus for growth, Oscillate PLC has initiated an equity fundraising endeavor aiming to raise £2.9 million through the issuance of 12,997,761 ordinary shares at a price of 22.5 pence per share. This effort is paralleled by their plans to consolidate and uphold their share capital, making the movement to AIM not just an operational shift but also a strategic one aimed at broadening their investor base.

The decision to admit shares to trading on AIM is contingent upon the approval of various resolutions at a General Meeting scheduled for April 24, 2026. The resolutions will evaluate shareholder support for the acquisition and the impending changes in corporate structure and share distribution.

Plans for the Future

As part of the restructuring and growth strategy, Oscillate proposes to consolidate its existing shares 50-for-1, promising to enhance share value and improve market perception. It’s projected that these changes, including the name change to Serval Resources, will culminate in an official trading commencement on AIM around April 27, 2026.

The company’s vision includes further exploration in Namibia and Botswana aimed at realizing new copper sources amid increasing global demand for sustainable metals propelled by the green energy transition. With a commitment to responsible sourcing and mining practices, Oscillate aims to provide solutions to the current supply shortfall of copper.

Conclusion

With the steps outlined, Oscillate PLC is clearly focused on establishing itself as a mid-cap exploration and development group for copper and future metals. The anticipated acquisition of Kalahari Copper alongside the transition to Serval Resources represents an ambitious leap forward. As the company prepares for these developments, it will be crucially positioned in the market landscape of sustainable resource supply chains.

Expected Timetable of Principal Events

• - Publication of AIM Admission Document: March 31, 2026
• - General Meeting: April 24, 2026
• - Expected AIM Admission: April 27, 2026

Serval Resources aims to usher in a new phase characterized by innovation, exploration, and a commitment to sustainable practices within the mining and metals industry, responding adeptly to the evolving dynamics of global copper demand.