Oracle Commodity Holding Reports Shareholder Meeting Results and Grants Options

Rhea-AI Summary

Oracle Commodity Holding (OTCQB: ORLCF) announced the results of its Annual General & Special Meeting held on September 25, 2025. Shareholders approved all proposed resolutions, including setting the board size at four directors, appointing Mao & Ying LLP as auditors, and amending the company's Articles to allow for more flexible corporate governance.

The company also approved an amended incentive plan permitting restricted share units and granted 1,750,000 stock options to directors, officers, employees, and consultants at an exercise price of $0.05 per share. The options have a five-year term expiring September 25, 2030, with quarterly vesting over two years beginning December 25, 2025.

Positive

• Company granted 1,750,000 stock options to align management and employee interests with shareholders
• Shareholders approved more flexible corporate governance structure through Article amendments
• Implementation of advance notice requirements for Director nominations improves corporate governance

Negative

• Significant potential dilution from 1,750,000 new stock options
• Stock options granted at low exercise price of $0.05 per share

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") is pleased to announce that all resolutions put forward at the Annual General & Special Meeting (the "Meeting") of the Company's shareholders held on September 25, 2025, as described in the Company's information circular dated August 11, 2025 (the "Circular"), were approved. A summary of the results is set out below:

• Number of Directors: set the number of directors at four (4).

• Election of Directors: the nominees listed in the Circular were all elected as Directors until the next annual general meeting of the shareholders.

• Approved the appointment of Mao & Ying LLP, Chartered Professional Accountants as the auditors of the Company and authorizing the directors to fix the remuneration to be paid to Mao & Ying LLP, Chartered Professional Accountants.

• Approved the amended and restated incentive plan of the Company to permit the issuance of restricted share units, as more particularly described in the Circular.

• Approved the following amendments to the Articles of the Company, as more particularly described in the Circular:

Former Articles	Amended Articles
Alterations of the Company's authorized share structure may be carried out by special resolution.	Alterations of the Company's authorized share structure may be carried out by ordinary resolution or a resolution of the Directors.
Special rights and restrictions of any class or series of shares may be implemented, varied, or deleted by special resolution.	Special rights and restrictions of any class or series of shares may be implemented, varied, or deleted by ordinary resolution or by a resolution of the Directors.
The name of the Company may be changed by special resolution.	The name of the Company may be changed by ordinary resolution or by a resolution of the Directors.
Any alterations to the Articles of the Company may be made by special resolution where the BCBCA does not specify the necessary kind of resolution for such alteration.	Any alterations to the Articles of the Company may be made by ordinary resolution or by a resolution of the Directors where the BCBCA does not specify the necessary kind of resolution for such alteration.

 

• Approved an amendment to the Articles of the Company to provide for the advance notice of any Director nomination, as more particularly described in the Circular.

The Company also announces that its board of directors has approved the grant of incentive stock options (the "Options") to certain directors, officers, employees and consultants to acquire an aggregate of 1,750,000 common shares in the capital of the Company at an exercise price of $0.05. All Options were granted pursuant to the Company's 10% rolling stock option plan (the "Plan") and are subject to the terms of the Plan, the applicable grant agreements and the requirements of the TSX-V. The Options are exercisable for a five-year term expiring September 25, 2030. The Options will vest at 12.5% per quarter for the first two years following the grant date starting on December 25, 2025.

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,
"Anthony Garson"
Chief Executive Officer

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268038

FAQ

What resolutions did Oracle Commodity Holding (ORLCF) shareholders approve at the September 2025 meeting?

Shareholders approved setting the board at four directors, appointing Mao & Ying LLP as auditors, amending the incentive plan for restricted share units, and modifying company Articles for more flexible corporate governance.

How many stock options did Oracle Commodity Holding grant in September 2025?

Oracle granted 1,750,000 stock options at an exercise price of $0.05 per share, expiring September 25, 2030.

What is the vesting schedule for ORLCF's September 2025 stock option grant?

The options will vest 12.5% quarterly over two years, starting December 25, 2025.

What changes were made to Oracle Commodity Holding's Articles in September 2025?

The amendments allow for company structure alterations, special rights modifications, name changes, and Article amendments to be made by ordinary resolution or Directors' resolution instead of requiring special resolutions.