Oracle Commodity Holding Corp. (TSXV: ORCL | OTCQB: ORLCF) has increased the size of its previously announced non-brokered private placement from $105,000 to up to $150,000, the company announced on November 12, 2026. The upsized offering will consist of up to 5,000,000 units priced at $0.03 each, with company insiders expected to participate for up to half the total raise. The proceeds are earmarked for general working capital, and the offering remains subject to TSX Venture Exchange approval.

Key Points

  • Oracle Commodity Holding Corp. (TSXV: ORCL | OTCQB: ORLCF) is a Vancouver-based mining royalty company
  • Non-brokered private placement upsized to up to 5,000,000 units at $0.03 per unit for gross proceeds of up to $150,000
  • Insiders expected to subscribe for up to 2,500,000 units totalling up to $75,000; each warrant exercisable at $0.06 for three years from issuance
  • Investors may watch for TSX Venture Exchange approval and closing of the offering

Unit Structure and Warrant Terms in the Oracle Commodity Offering

Each unit in the offering comprises one common share and one transferable common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at an exercise price of $0.06 for a period of three years from the date of issuance. The offering was originally announced on November 11, 2026, and was upsized the following day. All securities issued under the offering are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws and TSX Venture Exchange policies.

Insider Participation Triggers Related-Party Transaction Disclosure

Insiders of Oracle Commodity are expected to subscribe for up to 2,500,000 units for aggregate gross proceeds of up to $75,000, representing half of the maximum raise. The company states that this insider participation constitutes a related-party transaction under Multilateral Instrument 61-101. Oracle anticipates relying on exemptions from minority shareholder approval and formal valuation requirements, as neither the fair market value of the units to be acquired nor the consideration paid by insiders is expected to exceed 25 per cent of the company's market capitalisation. The company will file a material change report in connection with this transaction.

Working Capital Use and Exchange Conditions for the Raise

Oracle Commodity states that proceeds from the offering will be used for general working capital purposes. The offering remains conditional on receipt of all required approvals, including that of the TSX Venture Exchange. The company may also pay finders' fees to eligible finders in accordance with exchange policies. Oracle confirmed that the offering will not result in the creation of a new control person and that the company is not aware of any undisclosed material information. The immediate share price impact was not clear from available public information.