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Oracle Commodity Holding Corp. Announces $245,000 Private Placement

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An announcement from Oracle Commodity Holding Corp. ( (TSE:ORCL) ) is now available.

Oracle Commodity Holding Corp. has announced a non-brokered private placement financing to raise $245,000 through the sale of 7,000,000 units, each comprising one common share and one transferable warrant. This move is aimed at generating funds for general corporate purposes, with insiders participating in the offering, which is considered a related party transaction. The offering is subject to regulatory approvals and will be issued on a private placement basis with a statutory hold period.

More about Oracle Commodity Holding Corp.

Oracle Commodity Holding Corp. is a mining royalty company that holds royalties on several precious metal and critical mineral mining projects.

Average Trading Volume: 603,033

Technical Sentiment Signal: Buy

For an in-depth examination of ORCL stock, go to TipRanks’ Overview page.

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