Oracle Commodity Holding Corp. Announces Upsized Private Placement Financing

Group 1 - Oracle Commodity Holding Corp. is a mining royalty company that has increased its non-brokered private placement financing from 7.5 million units to 8 million units due to high demand, raising potential gross proceeds to $280,000 [1][6] - Company insiders are set to subscribe for up to 1.75 million units, contributing up to $61,250, and this transaction is considered a related party transaction but the company is exempt from formal valuation and minority shareholder approval requirements [2][6] - The proceeds from the financing will be used for general corporate purposes and to acquire a 2% royalty from U.S. Fluorspar LLC over certain fluorspar projects, aiming to strengthen the company's position in the mining royalty sector [3][6] Group 2 - Oracle Corporation, a separate entity from Oracle Commodity Holding Corp., has maintained an "Outperform" grade from Evercore ISI, with a stock price of $296.96 and a raised price target from $340 to $350 [4] - Oracle has demonstrated an asset turnover ratio of approximately 0.33 over the trailing twelve months and an operating profit margin of about 30.44%, with a recent revenue report of $14.93 billion and a gross profit of $10.04 billion [5]