Mr. Loren Currie reports
ORACLE TO SETTLE $400,000 OF
DEBT FOR $0.06 UNITS
Oracle Energy Corp. intends to settle $400,000 of debt by issuing 6,666,667 six-cent units to various creditors. Each unit comprises one common share of the company
and one common share purchase warrant, with each full warrant being exercisable at eight cents for
12 months from the date of issue.
The debt settlement is subject to approval by the NEX board of the TSX Venture Exchange and all securities
issued pursuant to the debt settlement are subject to a four-month hold period.
About Oracle Energy Corp.
Oracle Energy is classified as an oil and gas development company on the TSX-V.
We seek Safe Harbor.
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