Oracle Commodity Converts Debt to Equity

Oracle Commodity Holding Corp. (TSE:ORCL) has released an update.

Oracle Commodity Holding Corp., a mining royalty company, has reached an agreement to convert $10,000 of debt into equity by issuing 105,263 common shares at $0.095 each to a director. The transaction is in compliance with exemption requirements and will be subject to a statutory four-month hold period.

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