Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%

← Back to our analysis

Original News Release

Oracle Commodity closes $280,000 private placement

Mr. Jason Powell reports ORACLE COMMODITY HOLDING ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT Oracle Commodity Holding Corp. has closed the non-brokered private placement of eight million units at a price of 3.5 cents per unit for gross proceeds of $280,000 previously disclosed on Sept. 24, 2025, Sept. 26, 2025, and Oct. 9, 2025. Each unit consists of one common share of the company and one common share purchase warrant with each warrant entitling the holder to purchase one additional share at a price of six cents per share for a period of three years from issuance. Proceeds of the private placement are expected to be used for working capital and general corporate purposes. The securities issued pursuant to the private placement will be subject to a regulatory four-month-and-one-day hold period. No finders' fees were paid in connection with this private placement. A director and officer of the company participated in the offering, subscribing for an aggregate of 1.75 million units for gross proceeds of $61,250. The participation of the insider constitutes a related-party transaction of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company is relying on the exemptions from the formal valuation and minority shareholder approval requirements of sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that the fair market value of the securities issued to insiders does not exceed 25 per cent of the company's market capitalization. Disclosure required by the TSX Venture Exchange None of the proceeds from this private placement will be used for, or allocated toward, the payment of the cash consideration for the acquisition of a 2-per-cent royalty from U.S. Fluorspar LLC over certain fluorspar projects (see news release dated Aug. 12, 2025) or any other aspect of the Fluorspar net smelter royalty consideration until the TSX Venture Exchange has granted its approval of that transaction. The acquisition remains subject to TSX-V approval, which may require a valuation opinion or disinterested shareholder approval. None of the proceeds of the private placement will be paid to any non-arm's-length parties or persons conducting investor relations activities or for any specific use representing 10 per cent or more of the gross proceeds. About Oracle Commodity Holding Corp. Oracle Commodity is a mining royalty company holding royalties on several precious metal and critical mineral mining projects. We seek Safe Harbor.
View at source ↗