Oracle Provides Update on Royalty Portfolio

Oracle Commodity Holding Corp. (ORCL) released a comprehensive portfolio update detailing its fluorspar, vanadium, coal, nickel-PGM, and silver royalty assets across the United States, Mongolia, Canada, and Bolivia.

At the Ulaan Ovoo Coal Project in Mongolia, Silver Elephant has secured a new five-year lease with an arms-length major Mongolian mining conglomerate. Annual production is forecast at 300,000 to 1,000,000 tonnes, with cumulative royalty income since 2024 totaling approximately US$450,000.

In Bolivia, underground mining commenced at the Apuradita Silver-Lead Project in May 2025. The operation is currently producing approximately 400 tonnes per month of silver-bearing material, generating cumulative royalty income of roughly US$22,000 since that date. Management intends to maintain production levels between 400 and 650 tonnes per month through 2026.

Regarding the Kentucky-Illinois Fluorspar Projects, royalty agreements with CleanTech are pending shareholder approval at the annual general meeting scheduled for fall 2026. Permitting for the Campbell-Crotser project and the central flotation facility is targeted for November 2026, with first product delivery expected in 2028.

At the Gibellini Vanadium Project in Nevada, a positive Environmental Impact Statement (EIS) Record of Decision was received in October 2023. Development is currently paused pending higher vanadium prices.

The Minago Nickel-PGM Project in Manitoba received a C$2 million government investment and a full Environment Act Licence in March 2026. Oracle holds a 2% net smelter return (NSR) that is triggered only when nickel exceeds US$15 per pound; the current price is approximately US$7.50 per pound.

Finally, the Pulacayo-Paca Project in Bolivia remains in a judicial and administrative dispute with COMIBOL following a contract cancellation notice issued in December 2024.

Oracle Commodity Holding Corp. (ORCL) released a routine operational and portfolio update that confirms previously announced milestones rather than introducing fundamentally new catalysts. The company secured a new five-year lease for the Ulaan Ovoo coal project, while steady production at Apuradita provides incremental, predictable royalty cash flows, validating the company's dual-mandate strategy.

However, the financial impact remains modest relative to the company's capital needs. The ~$450,000 cumulative coal royalty and ~$22,000 silver royalty do not materially offset the operating losses or the need for continued working capital. The update is in line with historical projections and does not alter the near-term capital raise trajectory.

Oracle Commodity Holding Corp. (ORCL) operates as a dual-mandate royalty and investment company, focusing its strategy on acquiring Net Smelter Return (NSR) royalties on critical minerals and precious metals while limiting direct operating and capital expenditure risks.

The company holds a diversified suite of NSR royalties across advanced projects. The Ulaan Ovoo coal project in Mongolia currently provides the most tangible near-term cash flow, while the Apuradita silver-lead project in Bolivia is in early production. The Kentucky-Illinois fluorspar assets represent the largest long-term upside potential, contingent on CleanTech's permitting and development progress.

Additionally, the company holds a ~30% equity stake in CleanTech Vanadium Mining Corp., providing leveraged exposure to vanadium markets without direct operational liability.