Oracle Commodity Issues Shares for Salaries to Align Management and Shareholder Interests
Oracle Commodity Issues Shares for Salaries to Align
Management and Shareholder Interests
Vancouver, British Columbia, February 21, 2025 – Oracle Commodity Holding Corp.
(“Oracle” or the “Company”) (TSX-V:ORCL; OTCQB:ORLCF) announces that the following
Oracle common shares were issued pursuant to a Cons ulting Agreement with Bayer Law
Corporation effective October 2, 2024 and detailed in the news release dated October 3, 2024
(the “Consulting Agreement”).
Since November 1, 2024, a total of 84,594 shares ha ve been issued under the Consulting
Agreement in lieu of 15% of Mr. Bayer’s salary.
The table below sets out each individual issuance:
Name of Officer Date of Issuance Number of
Shares
CAD$
Amount
Deemed Price
per Share
Alex Bayer
(Bayer Law Corporation) November 1, 2024 15,150 $625.00 $0.04125
Alex Bayer
(Bayer Law Corporation) December 2, 2024 20,833 $625.00 $0.03
Alex Bayer
(Bayer Law Corporation) January 2, 2025 27,778 $625.00 $0.0225
Alex Bayer
(Bayer Law Corporation) February 3, 2025 20,833 $625.00 $0.03
TOTAL: 84,594 $2500.00
Securities issued pursuant to the Shares for Services Agreements are subject to regulatory four
month hold periods.
The Company confirms that these issuances of shares have not resulted in the creation of a new
Control Person.
The Company would also like to clarify certain details from its press release dated June 13, 2024
regarding its private placement transaction. The C ompany issued 147,750 Units in connection
with this Private Placement as Finder’s Fees to Can accord Genuity Corp. (as to 134,750 Units)
and Research Capital Corp. (as to 14,000 Units). E ach Unit consists of one common share of
the Company (a “Share”) and one share purchase warr ant (the “Warrant”) with each Warrant
entitling the holder to purchase one additional Share at a price of $0.15 per Share until June 12,
2027.
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, 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.