Oracle Commodity Holding Corp. Announces Early Warning Disclosure

Rhea-AI Summary

Oracle Commodity Holding Corp (OTCQB: ORLCF, TSXV: ORCL) reported an early warning disclosure after director John Lee acquired 3,280,000 units at $0.05 per unit in an April 6, 2026 private placement, for $164,000.

His ownership rose to 10.89% undiluted and 21.18% partially diluted.

AI-generated analysis. Not financial advice.

Positive

• Director John Lee invests $164,000 in private placement units
• Lee’s undiluted ownership increases to 10.89% of common shares
• Lee’s partially diluted ownership rises to 21.18% including warrants and options

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") announces that John Lee, a director of the Company, acquired 3,280,000 Units at $0.05 per unit (the "Units") with respect to the private placement which closed on April 6, 2026 for consideration of $164,000 (the "Private Placement").

Immediately before the Private Placement, Mr. Lee directly or indirectly held an aggregate of 9,837,640 Common Shares, 7,890,000 common share purchase warrants and 4,570,000 options representing approximately 8.16% of all issued and outstanding common shares of the Company on an undiluted basis and approximately 16.77% on a partially diluted basis. Following the Private Placement, Mr. Lee beneficially owns, directly or indirectly 13,117,640 common shares, 11,170,000 common share purchase warrants and 4,570,000 options, representing approximately 10.89% of all issued and outstanding common shares of the Company on an undiluted basis and approximately 21.18% of the total issued and outstanding common shares on a partially diluted basis, assuming the exercise of all warrants and options held by Mr. Lee.

The Units were acquired by Mr. Lee for investment purposes. Mr. Lee may, from time to time, increase or decrease his holdings in the Company depending on market conditions and other relevant factors.

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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/297419

FAQ

What did Oracle Commodity Holding Corp (OTCQB: ORLCF) announce in the May 13, 2026 early warning disclosure?

Oracle reported that director John Lee increased his ownership through a private placement. According to Oracle, Lee acquired 3,280,000 units at $0.05 each, prompting an early warning filing as his undiluted and partially diluted ownership percentages rose materially.

How many Oracle (ORLCF) units did John Lee buy and at what price?

John Lee bought 3,280,000 Oracle units at $0.05 per unit. According to Oracle, the total consideration for this private placement investment was $164,000, completed on April 6, 2026, triggering the May 13, 2026 early warning disclosure.

What is John Lee’s current ownership percentage in Oracle Commodity Holding (ORLCF) after the private placement?

After the transaction, John Lee holds 10.89% of Oracle’s common shares on an undiluted basis. According to Oracle, his partially diluted ownership, assuming exercise of all warrants and options he holds, is approximately 21.18% of the issued and outstanding common shares.

How did John Lee’s Oracle (ORLCF) holdings change following the April 6, 2026 private placement?

John Lee’s shareholdings increased from 9,837,640 to 13,117,640 common shares. According to Oracle, his warrants rose from 7,890,000 to 11,170,000, while options remained 4,570,000, leading to higher undiluted and partially diluted ownership percentages.

Why was an early warning report filed for Oracle Commodity Holding Corp (ORLCF) on May 13, 2026?

The report was required because John Lee’s ownership surpassed prescribed disclosure thresholds. According to Oracle, his stake increased to 10.89% undiluted and 21.18% partially diluted following his 3,280,000-unit private placement purchase at $0.05 per unit.

What are John Lee’s investment intentions regarding his Oracle (ORLCF) holdings?

The units were acquired for investment purposes and not for immediate control. According to Oracle, Lee may increase or decrease his holdings over time, depending on market conditions and other relevant factors influencing his investment decisions.