Oracle Commodity Holding Closes Second and Final Tranche of Non-Brokered Private Placement
Financing wrap‑up adds liquidity but fails to shift sentiment as Oracle Commodity remains dependent on related‑party inflows and royalty cash flows.

Oracle Commodity Holding Corp. closed the second and final tranche of its non‑brokered private placement, issuing 3,280,000 units at $0.05 per unit for gross proceeds of $164,000. Combined with the first tranche (closed March 25) the placement raised a total of $300,000. Each unit consists of one common share and one warrant exercisable at $0.06 for three years. Director John Lee participated in both tranches, acquiring 4,500,000 units (≈ 15% of post‑placement shares) – a related‑party transaction disclosed under MI 61‑101. Proceeds are earmarked for working capital and general corporate purposes; securities are subject to a four‑month‑plus‑one‑day hold period.
The $300,000 raise represents roughly 5% of the company’s market capitalization (~$5.6 M) and is in line with the previously announced financing size (up to $250k–$300k). No new strategic initiative, asset acquisition, or change in business model was disclosed; the use of proceeds remains working‑capital oriented. Because the market had already been informed of the expected second tranche (March 25 release) and the terms match prior disclosures, the news is incremental rather than material.
Oracle Commodity Holding Corp. is a TSX‑V listed royalty generator that holds net smelter return (NSR) interests across a diversified portfolio of mineral projects, including: * Bolivian silver properties (Illumina Royalty Agreement – book value ≈ $134k) * Nevada vanadium project (Gibellini Royalty Agreement – book value ≈ $75k) * Mongolian coal and Bolivian silver assets under agreements with Silver Elephant Mining Corp. * U.S. fluorspar projects in Illinois‑Kentucky via CleanTech Vanadium Mining Corp. and its subsidiary U.S. Fluorspar LLC.
The largest royalty by carrying amount is the Bolivian silver interest, which can be considered the company’s flagship asset.