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Oracle Commodity Raises Funds Through Private Placement

Oracle Commodity Holding Corp. (TSE:ORCL) has released an update.

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Oracle Commodity Holding Corp., a Canadian firm with mining interests, successfully completed a $10,000 private placement by issuing 200,000 units at $0.05 each. The raised funds are earmarked for working capital and general corporate purposes, with securities from this placement under a regulatory hold until September 10, 2024. The units, comprising one common share and a purchase warrant, offer additional share acquisition opportunities until May 2027.

For further insights into TSE:ORCL stock, check out TipRanks’ Stock Analysis page.

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