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Oracle Updates Royalty Agreement for Gibellini Vanadium Mine

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Oracle Commodity Holding Corp. ( (TSE:ORCL) ) just unveiled an update.

Oracle Commodity Holding Corp. has announced an amended and restated royalty agreement for the Gibellini Vanadium Mine Project in Nevada, removing the previous vanadium pentoxide price threshold for royalty payments. This amendment, which includes a payment to Cleantech Vanadium Mining Corp., aims to streamline the royalty structure and clarify payment obligations, potentially impacting Oracle’s revenue stream and strengthening its position in the mining industry.

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.

YTD Price Performance: 20.0%

Average Trading Volume: 175,577

Technical Sentiment Consensus Rating: Strong Buy

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

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