Mr. Loren Currie reports
ORACLE CLOSES $0.05 UNIT FINANCING
Oracle Energy Corp., further to its Sept. 8, 2025, Sept. 12, 2025, and Sept. 16, 2025, news releases,
has closed a third and final tranche of the its five-cent-unit private
placement, issuing 2.8 million units to subscribers, for a total issuance six million units and total gross proceeds of $300,000. Each unit comprises one common share of
the company and one common share purchase warrant, each warrant being exercisable at
10 cents for 12 months from the date of issue.
In connection with the financing, the company has paid cash finders' fees totalling $16,800, issued 336,000
non-transferable broker warrants, exercisable at 10 cents for 12 months, and issued 48,000 broker units, each
consisting of one common share and one non-transferable broker warrants.
Proceeds of the financing will be used for general working capital purposes.
All securities issued pursuant to the financing are subject to a four-month hold period.
The company further announces the resignation of Christoph Bruening as a director. The company wants to thank
Mr. Bruening for his guidance over the past year and wishes him all the best in his future endeavours.
About Oracle Energy Corp.
Oracle Energy is classified an oil and gas development company on the TSX Venture Exchange.
We seek Safe Harbor.
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