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Oracle Expands Royalty Agreement to Include Kentucky Fluorspar Project

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Oracle Expands Royalty Agreement to Include Kentucky Fluorspar Project

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The latest announcement is out from Oracle Commodity Holding Corp. ( (TSE:ORCL) ).

Oracle Commodity Holding Corp. and CleanTech Vanadium Mining Corp. have amended their royalty agreement to include the Quarant Fluorspar Project in Kentucky, operated by CleanTech’s subsidiary, U.S. Fluorspar LLC. This amendment entitles Oracle to a 2% net smelter return royalty on minerals produced from the project, with Oracle agreeing to make specific cash payments to USF. This strategic move enhances Oracle’s portfolio in the mining sector, potentially increasing its revenue streams and strengthening its position in the market.

More about Oracle Commodity Holding Corp.

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

Average Trading Volume: 742,244

Technical Sentiment Signal: Strong Buy

See more insights into ORCL stock on TipRanks’ Stock Analysis page.

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