Oracle Commodity Holding Corp. Announces Stock Option Grant/Cancellation

Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - Oracle Commodity Holding Corp. ("Oracle" or the "Company") announces that pursuant to a change of directors of the Company announced on December 4, 2023, it has cancelled a prior grant of 300,000 incentive stock options that were exercisable at a price of per common share until December 4, 2028. The Company has concurrently made a new grant 300,000 incentive stock options exercisable at a price of $0.05 per common share for a term of five years expiring on February 1, 2029 and vesting at a rate of 12.5% per quarter over a period of two years following the date of grant, with vesting to start on May 1, 2024.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Oracle Commodity Holding Corp.

Oracle Commodity Holding Corp. is an investment business holding certain royalty interests and ownership interests in other mining companies. The Company is a reporting issuer in certain jurisdictions of Canada.

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:
+1.604.569.3661 ext. 101
Email: info@oracleholding.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/196590