Oracle Commodity Holding Increases Non-Brokered Private Placement to $300,000

Rhea-AI Summary

Oracle Commodity Holding (OTCQB: ORLCF) increased a non-brokered private placement to up to 6,000,000 Units at $0.05 per Unit for gross proceeds of up to $300,000. Each Unit includes one common share and one warrant exercisable at $0.06 for three years.

The company said proceeds will fund general corporate purposes and working capital, the placement is subject to TSX Venture Exchange approval, Shares and warrant shares carry a statutory four‑month plus one‑day hold, no finder’s fees are payable, and an insider may subscribe for up to 4,000,000 Units (≈$200,000) under MI 61‑101 exemptions.

Positive

• Planned gross proceeds of $300,000
• Insider commitment of $200,000 (up to 4,000,000 Units)
• Warrants exercisable at $0.06 for three years

Negative

• Potential issuance of up to 6,000,000 new Shares plus warrants
• Financing subject to TSX Venture Exchange approval
• Issued Shares subject to 4 months and 1 day hold period

Vancouver, British Columbia--(Newsfile Corp. - March 13, 2026) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") announces that it has increased the size of its non-brokered private placement financing previously announced on March 12, 2026, to an aggregate of up to 6,000,000 units (the "Units"), at a price of $0.05 per Unit for gross proceeds of up to $300,000 (the "Private Placement"), subject to acceptance by the TSX Venture Exchange. Each Unit consists of one common share (each, a "Share") and one transferable common share purchase warrant (each, a "Warrant") of the Company. Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.06 for a period of three years from issuance. The gross proceeds will be used for general corporate purposes and ongoing working capital.

The Private Placement is subject to TSX Venture Exchange approval. All Shares issued pursuant to the Private Placement and any Shares issued upon exercise of the Warrants will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

No finder's fees are payable in connection with the Private Placement.

It is anticipated that an insider of the Company, John Lee (the "Insider"), will subscribe for up to 4,000,000 Units for gross proceeds of $200,000. The issuance of Units to the Insider is considered a related party transaction within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) as the fair market value of the Insider's participation in the Private Placement does not exceed 25% of the Company's market capitalization. The Private Placement will not result in the creation of a new control person of the Company and the Company is not aware of any undisclosed material information.

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/288482

FAQ

What are the terms of Oracle Commodity Holding's March 13, 2026 private placement (ORLCF)?

The private placement is for up to 6,000,000 Units at $0.05 each, raising up to $300,000. According to the company, each Unit includes one common share plus one warrant exercisable at $0.06 for three years, subject to TSX Venture Exchange approval.

How much will insider John Lee invest in the ORLCF private placement?

The insider may subscribe for up to 4,000,000 Units for $200,000. According to the company, this related‑party participation will rely on MI 61‑101 exemptions because it does not exceed 25% of market capitalization.

What dilution could ORLCF shareholders face from the March 13, 2026 placement?

The placement could create up to 6,000,000 new Shares plus additional shares if warrants are exercised. According to the company, all issued Shares and warrant shares will be subject to a four‑month plus one‑day statutory hold period.

When can holders exercise warrants issued in the ORLCF private placement?

Each warrant is exercisable for one common share at $0.06 for three years from issuance. According to the company, warrants will follow the three‑year exercise window subject to applicable securities rules and hold periods.

What will ORLCF use the proceeds from the $300,000 placement for?

Proceeds are intended for general corporate purposes and ongoing working capital. According to the company, the funds will support near‑term corporate needs pending TSX Venture Exchange approval of the placement.

Are there any fees or approvals required for ORLCF's March 13, 2026 financing?

No finder’s fees are payable in connection with the placement, but it is subject to TSX Venture Exchange approval. According to the company, issuance will also comply with statutory hold periods under securities laws.