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Oracle Commodity Holding Corp. ( (TSE:ORCL) ) has shared an announcement.
Oracle Commodity Holding Corp. has successfully closed a non-brokered private placement, raising $280,000 through the issuance of 8,000,000 units, each comprising one common share and one warrant. The funds will be used for working capital and general corporate purposes. A director and officer participated in the offering, subscribing for 1,750,000 units, which constitutes a related-party transaction. The proceeds will not be used for the acquisition of a 2% royalty from U.S. Fluorspar LLC until TSX Venture Exchange approval is granted.
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: 774,914
Technical Sentiment Signal: Buy
See more data about ORCL stock on TipRanks’ Stock Analysis page.