Oracle Commodity Holding Corp. (TSE:ORCL) has released an update.
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Oracle Commodity Holding Corp. is set to boost its working capital and general corporate purposes through a $429,000 non-brokered private placement. This capital raise will involve the sale of 3.9 million units at $0.11 each, inclusive of common shares and warrants. Notably, significant subscriptions are coming from the company’s Chairman and Silver Elephant Mining Corp. to maintain their respective ownership stakes.
For further insights into TSE:ORCL stock, check out TipRanks’ Stock Analysis page.
