Oracle Commodity Holding increases private placement to $300,000

Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) announced it has increased the size of its non-brokered private placement financing to 6,000,000 units at $0.05 per unit for gross proceeds of up to $300,000. The company previously announced the private placement on March 12, 2026.

Each unit consists of one common share and one transferable warrant. The warrants allow holders to purchase additional common shares at $0.06 each for three years from issuance. Oracle plans to use proceeds for general corporate purposes and working capital.

Company insider John Lee will subscribe for up to 4,000,000 units worth $200,000. The transaction qualifies as a related party transaction under securities regulations, though the company intends to rely on exemptions from formal valuation and minority shareholder approval requirements since the insider's participation does not exceed 25% of the company's market capitalization.

The private placement requires TSX Venture Exchange approval. All shares issued will be subject to a four-month and one-day statutory hold period from issuance date. No finder's fees will be paid in connection with the financing.

Oracle Commodity Holding operates as a mining royalty company with royalties on precious metal and critical mineral mining projects.

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