Oracle Commodity Announces Debt Settlement of $10,000 in Shares

Oracle Commodity Announces Debt Settlement

of $10,000 in Shares

Vancouver, British Columbia, July 19, 2024 – Oracle Commodity Holding Corp. (“Oracle”

or the “Company”) announces that it has entered into an agreement to settle $10,000 of debt

owed to a director of the Company for management fe es in consideration for the issuance of

105,263 common shares of the Company at a deemed pr ice of $0.095 per share (the “ Debt

Settlement ”).

The insider debt settlement of $10,000 and 105,263 common shares are exempt from the

valuation and minority shareholder approval require ments of Multilateral Instrument 61-101 (“MI

61-101”) by virtue of the exemptions contained in s ections 5.5(a) and 5.7(1)(a) of MI 61-101 in

that the fair market value of the consideration for the securities of the Company to be issued to

insiders does not exceed 25% of its market capitali zation. All securities issued pursuant to the

Debt Settlement will be subject to a statutory four month hold period.

About Oracle Commodity Holding Corp.

Oracle Commodity Holding Corp. is a mining royalty company spun out from Silver Elephant

Mining Corp. (TSX: ELEF) in 2022.

Further information on Oracle Commodity can be found at www.oracleholding.com .

ORACLE COMMODITY HOLDING CORP.

ON BEHALF OF THE BOARD

“Anthony Garson”

CEO

For more information about Oracle Commodity, please contact:

Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.