Oracle Commodity Holding Corp. announced a non-brokered private placement to issue 16,000,000 units at a price of CAD 0.05 per unit for aggregate gross proceeds of CAD 800,000 on December 4, 2023. The transaction will include participation from John Lee, the chairman for 5,000,000 units for gross proceeds of CAD 250,000.Each unit will consist of one common share of the company and one-half of one share purchase warrant with each whole warrant entitling the holder to purchase one additional share of the Company at a price of $0.06 per share for 3 years from the date of issue.

It is presently expected that there shall be approximately 96,000,000 Oracle common shares issued and outstanding upon completion of the private placement. The closing of the private placement is expected to occur on or about December 28, 2023.