Oracle Commodity 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 to up to 6,000,000 units at $0.05 per unit for gross proceeds of up to $300,000, subject to TSX Venture Exchange approval.

Each unit consists of one common share and one transferable warrant. The warrants allow holders to purchase additional shares at $0.06 each for three years from issuance. The company 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 company states this related party transaction qualifies for exemptions under securities regulations as the fair market value does not exceed 25% of Oracle's market capitalization.

All shares issued through the private placement and warrant exercises will be subject to a four-month and one-day statutory hold period. No finder's fees will be paid in connection with the financing.

Oracle Commodity Holding Corp. operates as a mining royalty company with royalties on precious metal and critical mineral mining projects. The private placement follows an initial announcement made March 12, 2026.

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