Oracle Commodity Holding Appoints Jason Powell as Chief Executive Officer
Oracle Commodity Holding Appoints Jason Powell as
Chief Executive Officer
Vancouver, British Columbia, October 1, 2025 - Oracle Commodity Holding Corp. (“ Oracle ”
or the “ Company ”) (TSX-V: ORCL; OTCQB: ORLCF) is pleased to announce the appointment of
Jason Powell as its Chief Executive Officer (“ CEO ”), replacing Anthony Garson, effective October
1, 2025.
Jason Powell is a seasoned executive with over 15 y ears of experience driving investor
engagement and strategic growth within publicly tra ded companies in the mining sector. As he
steps into the role of CEO, Mr. Powell brings a rare blend of visionary leadership and operational
discipline anchored by a deep understanding of global resource markets and shareholder value
creation.
Mr. Powell has consistently translated strategic vision into tangible outcomes. His expertise spans
capital markets, corporate communications, and mining industry trends, enabling him to position
companies for long-term success in volatile environments.
The Company also announces that its board of directors has approved the grant of incentive stock
options (the "Options ") to Mr. Powell to acquire an aggregate of 400,000 common shares in the
capital of the Company at an exercise price of $0.0 5. All Options were granted pursuant to the
Company's 10% rolling stock option plan (the "Plan ") and are subject to the terms of the Plan, the
applicable grant agreements and the requirements of the TSX-V. The Options are exercisable
for a five-year term expiring October 1, 2030. The Options will vest at 12.5% per quarter for the
first two years following the grant date starting on January 1, 2026.
The Company extends its gratitude to Mr. Garson for his contributions and invaluable service.
Mr. Garson has also resigned from the board of directors effective October 1, 2025.
The Company has entered into a debt settlement agre ement with Mr. Garson to settle an
aggregate of $28,900 for services rendered by Mr. Garson by the issuance of 578,000 common
shares in the capital of the Company (the “Debt Settlement Shares ”) at a deemed price per Debt
Settlement Share of $0.05, subject to the receipt of TSX-V approval (the “ Debt Settlement ”).
The Debt Settlement with Mr. Garson is with a related party of the Company and accordingly the
Debt Settlement is expected to constitute a “relate d party transaction” of the Company under
Multilateral Instrument 61-101 – Protection of Mino rity Security Holders in Special Transactions
(“ MI 61-101 ”).
The Company is relying on the exemption from the re quirement to obtain a formal valuation
pursuant to section 5.5(b) of MI 61-101 as the Comp any is not a CSE senior tier issuer and no
securities of the Company are listed or quoted on t he Toronto Stock Exchange, Cboe Canada
Inc., the New York Stock Exchange, the American Stock Exchange, the NASDAQ Stock Market,
or a stock exchange outside of Canada and the Unite d States other than the Alternative
Investment Market of the London Stock Exchange or the AQSE Growth Market operated by Aquis
Stock Exchange Limited.
In addition, the Company is relying on the exemptio n from the requirement to obtain minority
shareholder approval pursuant to section 5.7(1)(a) of MI 61-101 as the fair market value of the
Debt Settlement does not exceed 25% of the Company’s market capitalization. A material change
report including details with respect to the relate d party transaction is expected to be filed less
than 21 days prior to the closing of the Debt Settlement as the details and amount of debt settled
under the Debt Settlement were not finalized until closer to the anticipated closing and the
Company deemed it reasonable in the circumstances s o as to be able to complete the Debt
Settlement in an expeditious manner and improve its financial position by reducing its accrued
liabilities as soon as possible.
The Debt Settlement Shares issued pursuant to the D ebt Settlement will be subject to a four
month and one day hold period from the date of issu ance thereof in accordance with applicable
Canadian securities laws and, if applicable, hold p eriods in accordance with other applicable
securities laws.
About Oracle Commodity Holding Corp.
Oracle Commodity Holding Corp. is a mining royalty company holding royalties on several
precious metal and critical mineral mining projects.
Further information on Oracle Commodity can be found at www.oracleholding.com .
ORACLE COMMODITY HOLDING CORP.
ON BEHALF OF THE BOARD
“Jason Powell”
CEO
For more information about Oracle Commodity, please contact:
Phone: 1.877.664.2535
Email: [email protected]
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release, including statements which may contain words
such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions,
and statements related to matters which are not historical facts, are forward-looking information
within the meaning of applicable securities laws. Such forward-looking statements, which reflect
management’s expectations regarding Oracle’s future growth, results of operations, performance,
business prospects and opportunities, are based on certain factors and assumptions and involve
known and unknown risks and uncertainties which may cause the actual results, performance, or
achievements to be materially different from future results, performance, or achievements
expressed or implied by such forward-looking statements.
Forward-looking statements involve significant risks and uncertainties, and should not be read as
guarantees of future performance, events or results, and may not be indicative of whether such
events or results will actually be achieved. A number of risks and other factors could cause actual
results to differ materially from expected results discussed in the forward-looking statements,
including but not limited to: receiving stock excha nge listing approval and ability to meet
customary conditions for listing; market conditions and investor sentiment to invest in a new
investment business with a limited trading history; changes in business plans; ability to secure
sufficient financing to advance the Company’s inves tment business; and general market and
economic conditions. Additional risk factors are set out in the Company’s latest annual and interim
management’s discussion and analysis, available on SEDAR at www.sedarplus.ca.
Forward-looking statements are based on reasonable assumptions by management as of the
date of this news release, and there can be no assu rance that actual results will be consistent
with any forward-looking statements included herein . Readers are cautioned that all forward-
looking statements in this news release are made as of the date of this news release. The
Company undertakes no obligation to update or revis e any forward-looking statements in this
news release to reflect circumstances or events tha t occur after the date of this news release,
except as required by applicable securities laws.