Oracle Commodity Holding Appoints Jason Powell as Chief Executive Officer

Core Viewpoint - Oracle Commodity Holding Corp. has appointed Jason Powell as the new CEO, effective October 1, 2025, replacing Anthony Garson [1][5]. Group 1: Leadership Change - Jason Powell brings over 15 years of experience in investor engagement and strategic growth within the mining sector [2]. - Powell is recognized for his ability to translate strategic vision into tangible outcomes, with expertise in capital markets and corporate communications [3]. Group 2: Stock Options and Compensation - The board has approved the grant of 400,000 incentive stock options to Mr. Powell at an exercise price of $0.05, with a five-year term expiring on October 1, 2030 [4]. - The options will vest at 12.5% per quarter for the first two years starting January 1, 2026 [4]. Group 3: Debt Settlement - The company has entered into a debt settlement agreement with Mr. Garson to settle $28,900 for services rendered by issuing 578,000 common shares at a deemed price of $0.05, pending TSX-V approval [6]. - This debt settlement is classified as a related party transaction under Multilateral Instrument 61-101 [7]. Group 4: Regulatory Exemptions - The company is relying on exemptions from obtaining a formal valuation and minority shareholder approval for the debt settlement, as the fair market value does not exceed 25% of the company's market capitalization [8][9]. Group 5: Company Overview - Oracle Commodity Holding Corp. is a mining royalty company holding royalties on several precious metal and critical mineral mining projects [11].