Oracle Commodity Holding Announces Closing of Non-Brokered Private Placement

Rhea-AI Summary

Oracle Commodity Holding (TSXV: ORCL | OTCQB: ORLCF) announced the closing of a non-brokered private placement on February 2, 2026. The Company issued 2,000,000 Units at $0.05 per Unit for gross proceeds of $100,000.

Each Unit comprises one common share and one transferable warrant exercisable at $0.06 per share for three years. Proceeds are expected to be used for working capital and general corporate purposes. Issued securities are subject to a regulatory hold period of four months and one day; the Offering remains subject to required approvals including the TSX Venture Exchange.

Vancouver, British Columbia--(Newsfile Corp. - February 2, 2026) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") is pleased to announce the closing of the non-brokered private placement of 2,000,000 units (each, a "Unit") at a price of $0.05 per Unit for gross proceeds of $100,000 (the "Offering") previously disclosed on January 23, 2026. Each Unit consists of one common share of the Company (each, a "Share") and one transferable common share purchase warrant (each, a "Warrant") with each Warrant entitling the holder to purchase one additional Share at a price of $0.06 per Share for a period of three years from issuance.

Proceeds of the Offering are expected to be used for working capital and general corporate purposes. The securities issued pursuant to the Offering will be subject to a regulatory four-month and one-day hold period. No finder's fees were paid in connection with this Private Placement.

The Offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The securities to be issued under the Offering will have a hold period of four months and one day from the date of closing of the Offering, in accordance with applicable securities laws.

About Oracle Commodity Holding Corp.

Oracle Commodity Holding Corp. is a mining royalty company holding royalties on several precious metal and critical mineral mining projects.

Further information on Oracle Commodity can be found at www.oracleholding.com.

ORACLE COMMODITY HOLDING CORP.

ON BEHALF OF THE BOARD

"Jason Powell"
CEO

For more information about Oracle Commodity, please contact:

Tel: 604.569.3661
Email: info@oracleholding.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including statements which may contain words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, and statements related to matters which are not historical facts, are forward-looking information within the meaning of applicable securities laws. Such forward-looking statements, which reflect management's expectations regarding Oracle's future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements.

Forward-looking statements involve significant risks and uncertainties, and should not be read as guarantees of future performance, events or results, and may not be indicative of whether such events or results will actually be achieved. A number of risks and other factors could cause actual results to differ materially from expected results discussed in the forward-looking statements, including but not limited to: market conditions and investor sentiment; changes in business plans; ability to secure sufficient financing to advance the Company's investment business; and general market and economic conditions. Additional risk factors are set out in the Company's latest annual and interim management's discussion and analysis, available on SEDAR+ at www.sedarplus.ca.

Forward-looking statements are based on reasonable assumptions by management as of the date of this news release, and there can be no assurance that actual results will be consistent with any forward-looking statements included herein. Readers are cautioned that all forward- looking statements in this news release are made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking statements in this news release to reflect circumstances or events that occur after the date of this news release, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282435

FAQ

What did Oracle Commodity Holding (ORLCF) announce on February 2, 2026?

They announced closing a non-brokered private placement of 2,000,000 units for gross proceeds of $100,000. According to the company, each Unit includes one common share and one transferable warrant exercisable at $0.06 per share for three years; proceeds go to working capital.

What are the warrant terms in the ORLCF private placement?

Each warrant allows purchase of one share at $0.06 per share and expires three years from issuance. According to the company, the warrants are transferable and were issued one per Unit alongside a common share, subject to the regulatory hold period.

How will Oracle (ORLCF) use the $100,000 raised in the private placement?

Proceeds are expected to be used primarily for working capital and general corporate purposes by the company. According to the company, the gross proceeds of $100,000 came from issuance of 2,000,000 Units at $0.05 each, closed February 2, 2026.

Are the securities from the ORLCF private placement subject to a hold period?

Yes. Securities issued under the Offering carry a regulatory hold of four months and one day from the closing date. According to the company, this hold period complies with applicable securities laws and the Offering required TSXV approval where applicable.