Core Viewpoint - Oracle Commodity Holding Corp. has increased its non-brokered private placement financing from 7,000,000 units to 7,500,000 units due to high demand, raising potential gross proceeds from $245,000 to $262,500 [1] Group 1: Offering Details - Each unit in the offering consists of one common share and one transferable common share purchase warrant, with each warrant allowing the holder to acquire an additional common share at an exercise price of $0.06 for three years [1] - A Finder's fee of up to 7% in Finder's Units will be payable, with each Finder's Unit consisting of one share and one non-transferable share purchase warrant [2] - The company insiders will subscribe for up to 1,750,000 units, generating gross proceeds of up to $61,250, which is considered a related party transaction [3] Group 2: Regulatory and Closing Information - The company is relying on the TSX Venture Exchange's minimum price exemption and anticipates closing the offering as soon as practicable, subject to necessary regulatory approvals [4] - The units will be issued on a private placement basis under exemptions from prospectus requirements and will be subject to a statutory hold period of four months and one day from the date of issuance [4] Group 3: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes and for the payment of cash consideration for acquiring a 2% royalty from U.S. Fluorspar LLC over certain fluorspar projects [5] - Other than the Fluorspar NSR Consideration, there are no specific uses of proceeds that will represent 10% or more of the gross proceeds of the offering [5] Group 4: Company Overview - Oracle Commodity Holding Corp. is a mining royalty company that holds royalties on several precious metal and critical mineral mining projects [6]

Core Viewpoint - Vox Royalty Corp. has successfully closed a public offering, raising approximately $63.25 million through the issuance of 17,094,750 common shares at a price of $3.70 per share, which will be used to fund the acquisition of a global gold portfolio [2][3]. Group 1: Offering Details - The public offering was underwritten by a syndicate led by BMO Capital Markets, Cantor Fitzgerald Canada Corporation, and National Bank Financial Inc. [2] - The offering included a full exercise of a 15% over-allotment option [2]. - The common shares are listed on Nasdaq under the symbol "VOXR" and are conditionally approved for listing on the Toronto Stock Exchange (TSX) [4]. Group 2: Acquisition Information - The company is acquiring a global gold portfolio consisting of ten gold offtake and royalty assets across twelve mines and projects in eight jurisdictions, including Australia, Brazil, Canada, Côte d'Ivoire, Mali, Mexico, South Africa, and the United States [3]. - All conditions for the acquisition have been satisfied, and the closing of the transaction is expected to occur shortly [3]. Group 3: Company Background - Vox Royalty Corp. is a returns-focused mining royalty company established in 2014, with a portfolio of over 60 royalties spanning six jurisdictions [6]. - The company has executed over 30 transactions to acquire royalties since the beginning of 2020, demonstrating its active role in the mining royalty sector [6].

Core Points - Oracle Commodity Holding Corp. announced that all resolutions at the Annual General & Special Meeting held on September 25, 2025, were approved [1] - The company has amended its Articles to provide for advance notice of any Director nomination [5] - The board approved the grant of 1,750,000 incentive stock options at an exercise price of $0.05, vesting at 12.5% per quarter for the first two years [5] Company Structure Changes - Alterations to the authorized share structure and special rights of shares can now be carried out by special resolution [2] - The company name can be changed by special resolution [2] - Amendments to the Articles can be made by special resolution where the BCBCA does not specify the necessary kind of resolution [2] Director and Auditor Appointments - The number of directors was set at four, and all nominees listed in the Circular were elected until the next annual general meeting [6] - Mao & Ying LLP was appointed as the auditors, with directors authorized to fix their remuneration [6] Incentive Plan Amendments - The amended and restated incentive plan allows for the issuance of restricted share units [6]

Core Viewpoint - Vox Royalty Corp. has announced a public offering of common shares priced at $3.70 per share, expected to close around September 26, 2025, pending regulatory approvals [2][3]. Group 1: Offering Details - The offering consists of 14,865,000 common shares, aiming for total gross proceeds of $55 million, with an over-allotment option for an additional 2,229,750 shares [3]. - The offering is conducted under a final prospectus supplement as part of Vox's existing short form base shelf prospectus and U.S. registration statement [5]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily fund the acquisition of a global gold portfolio comprising ten gold offtake and royalty assets across twelve mines in eight jurisdictions, including Australia, Brazil, Canada, Côte d'Ivoire, Mali, Mexico, South Africa, and the United States [4]. - If the full amount is not utilized for the portfolio acquisition, the company plans to reallocate the remaining funds for additional royalty acquisitions over the next 12-24 months [4]. Group 3: Company Background - Vox Royalty Corp. is a mining royalty company established in 2014, focusing on high-return royalty acquisitions, with a portfolio of over 60 royalties across six jurisdictions [6]. - Since 2020, the company has completed over 30 transactions to acquire royalties, demonstrating its active engagement in the mining sector [6].

Core Viewpoint - Oracle Commodity Holding Corp. and Cleantech Vanadium Mining Corp. have executed an Amended and Restated Royalty Agreement, streamlining the royalty structure and clarifying payment obligations related to the Gibellini Vanadium Mine Project [1][3]. Group 1: Amended Agreement Details - The Amended Agreement, dated March 3, 2025, modifies the original royalty agreement from August 25, 2021, under which Oracle holds a 2% royalty on the Gibellini Vanadium Mine Project [1]. - The Bureau of Land Management approved the Environmental Impact Statement for the Gibellini Vanadium Mine Project in October 2023, and the project has received many necessary state permits for construction [1]. Group 2: Key Terms of the Amended Agreement - The previously established vanadium pentoxide (V2O5) threshold price of USD 12/lb required to trigger royalty payments has been removed, allowing the 2% royalty to be payable without any threshold requirement [7]. - Oracle is required to pay Cleantech a total consideration of CAD 200,000, with CAD 75,000 already paid and CAD 125,000 due if V2O5 prices exceed USD 12/lb for 180 consecutive days [7]. - Cleantech and Nevada Vanadium Mining Corp. will guarantee all future royalty payments [7]. Group 3: Company Overview - Oracle Commodity Holding Corp. is a mining royalty company that holds royalties on several precious metal and critical mineral mining projects [4].

Financial Data and Key Metrics Changes - Net income for Q4 2024 decreased by 41.7% to $1.68 million or $0.09 per share compared to $2.88 million or $0.15 per share in the same period last year, primarily due to a one-time gain in the previous year [8] - For the full year, net income increased by 20.4% to $6.39 million or $0.34 per share from $5.3 million or $0.28 per share, driven mainly by improved results in the Multifamily segment [9] - Pro rata net operating income (NOI) for Q4 was up 21% to $9.1 million, and year-to-date was up 26% to $38.1 million, with a compound annual growth rate of 29.5% over the last three years [9][10] Business Line Data and Key Metrics Changes - The Commercial and Industrial segment reported total revenues of $1.3 million and NOI of $992,000, reflecting decreases of 11% and 15% respectively due to a tenant default [14] - The Mining and Royalty segment saw total revenues and NOI of $3.5 million, marking increases of 19% and 34% year-over-year [16] - The Multifamily segment reported total revenues of $14.1 million and NOI of $7.6 million, with significant contributions from new joint ventures, leading to a substantial increase compared to prior quarters [17][18] Market Data and Key Metrics Changes - The Multifamily projects are facing pressure from new deliveries in the D.C. market, impacting vacancies and revenue growth [19] - The average rental rate of expiring industrial leases was $6.55 triple net, with expectations for new rates to start in the $7 range or higher [30] Company Strategy and Development Direction - The company plans to invest approximately $71 million in equity capital in 2025, focusing on both Industrial and Multifamily developments [35][42] - The goal is to double the Industrial and Commercial segment from 800,000 square feet to 1.6 million square feet over the next five years [36] - The company is also pursuing new Multifamily developments in Florida and South Carolina, which are expected to add 810 units and an estimated $6 million in NOI upon stabilization [37] Management's Comments on Operating Environment and Future Outlook - Management expects NOI in 2025 to remain flat or slightly below 2024 levels due to vacancies in the Industrial and Commercial segment [33] - The Mining and Royalty segment is strong, but 2024 NOI was positively impacted by a one-time payment that is not repeatable [34] - Management is optimistic about the potential for re-tenanting spaces at higher rental rates, despite short-term challenges [106] Other Important Information - The company is experiencing delays in construction due to weather conditions, impacting the timeline for new projects [21] - The company is monitoring construction costs and potential impacts from tariffs on materials like steel and lumber [31] Q&A Session Summary Question: Clarification on the $71 million equity capital investment - The investment includes both Industrial and Multifamily projects, with approximately $21 million allocated for Florida industrial projects and $35 million for Multifamily developments [42][45] Question: Potential acquisitions and market focus - The company is focusing on the Southeast for acquisitions due to easier entitlements compared to Maryland, but will consider opportunities in its home state if they arise [51] Question: Impact of tariffs on construction and goods flow - Tariffs could impact the Multifamily segment more than Industrial, but the company is moving forward with projects in Florida before potential tariffs take effect [56] Question: Underwriting returns on new projects - The company targets a return on cost of 6.5% to 7% for new developments, with variations based on location and asset class [65][70] Question: Leasing velocity and tenant backfilling - The company expects challenges in backfilling spaces at Cranberry due to multiple tenant expirations, but is optimistic about achieving market rents [102][106] Question: Future Multifamily developments - The company is modifying existing plans to pursue Multifamily developments in D.C., with zoning approvals expected in Q2 2025 [113]