Northwire Canada EditionWednesday, July 29, 2026
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NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Financings

Oracle Commodity increases placement to $262,500

ORCL · Price

Executive Summary

  • Oracle Commodity Holding Corp. upsized its non‑brokered private placement from 7 M to 7.5 M units, increasing potential gross proceeds to $262,500.
  • Each unit includes one common share and one transferable warrant (exercise price $0.06, three‑year term); insiders will subscribe for up to 1.75 M units ($61,250).
  • Net proceeds are earmarked primarily for general corporate purposes and to fund the cash consideration on a 2 % royalty acquisition from U.S. Fluorspar LLC.

Key Details

  • Upsized Offering: 7.5 million units at $0.035 per unit (previously 7 M units).
  • Potential Gross Proceeds: $262,500 (up from $245,000).
  • Unit Composition: 1 common share + 1 transferable common‑share purchase warrant (exercise price $0.06, exercisable for three years).
  • Finder’s Fees: Up to 7 % payable in finder’s units (each consisting of 1 share + 1 non‑transferable warrant with same exercise terms).
  • Insider Subscription: Up to 1.75 M units for gross proceeds of $61,250; treated as a related‑party transaction under MI 61‑101.
  • Regulatory Treatment: Exemptions from prospectus requirements; subject to statutory hold period of four months and one day. Closing pending TSX Venture Exchange approvals.
  • Use of Proceeds: Primarily general corporate purposes and payment of cash consideration for the acquisition of a 2 % royalty on fluorspar projects (referencing Aug. 11 2025 release). No other specific use exceeds 10 % of gross proceeds.

Notable Quotes

(No executive quotes were provided in the release.)

Read the original news release →

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