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The latest update is out from Oracle Commodity Holding Corp. ( (TSE:ORCL) ).
Oracle Commodity Holding Corp. has closed a non-brokered private placement, issuing 2,000,000 units at $0.05 per unit for gross proceeds of $100,000, with each unit comprising one common share and a three-year warrant exercisable at $0.06. The company plans to use the funds for working capital and general corporate purposes, with the financing subject to TSX Venture Exchange approval and the new securities carrying a four-month-plus-one-day hold, underscoring Oracle’s continued effort to bolster its balance sheet as it advances its portfolio of mining royalty interests in precious and critical metals.
More about Oracle Commodity Holding Corp.
Oracle Commodity Holding Corp. is a mining royalty company with interests in several precious metal and critical mineral mining projects, giving investors exposure to a portfolio of resource developments rather than direct mine operations.
Average Trading Volume: 180,604
Technical Sentiment Signal: Strong Buy
Find detailed analytics on ORCL stock on TipRanks’ Stock Analysis page.