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Silver Elephant sells four million Oracle shares

By The Northwire Desk — AI Analysis Sep 04, 2025 · 03:48 ORCL · 0.015 Oracle Commodity Holding Corp.
ORCL · Price

Executive Summary

  • Silver Elephant Mining Corp. sold 4 million Oracle Commodity Holding Corp. common shares for $60,000.
  • The sale reduced Silver Elephant’s stake in Oracle from ~23.77% to ~19.92% (non‑diluted) or 15.53% (fully diluted).
  • Proceeds will be used for general working capital.

Key Details

  • Sale price: $60,000 for 4 million common shares of Oracle Commodity Holding Corp.
  • Pre‑sale holding: 24,700,110 shares (~23.77% of Oracle’s issued and outstanding common shares).
  • Post‑sale holding: 20,700,110 shares, representing ~19.92% on a non‑diluted basis and 15.53% on a fully diluted basis.
  • Ownership change: 3.85 percentage points reduction in Silver Elephant’s shareholding of Oracle.
  • Use of proceeds: General working capital purposes for Silver Elephant Mining Corp.
  • Filing: Early warning report filed on SEDAR+.

Notable Quotes

(No executive quotes provided in the release.)

Read the original news release →

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