08:48:25 EST Thu 27 Nov 2025
Enter Symbol
or Name
USA
CA



Oracle Energy Corp (4)
Symbol OEC
Shares Issued 35,397,847
Close 2025-11-26 C$ 0.115
Market Cap C$ 4,070,752
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Oracle Energy settles debt, arranges financing

2025-11-26 18:33 ET - News Release

Subject: Oracle Energy PDF Document

File: Attachment OECNRNOV26.pdf

ORACLE SETTLES $347,000 OF DEBT ISSUES 4,333,333 $0.06 SHARES AND 1,450,000 $0.06 UNITS, ANNOUNCES $500,000 PRIVATE OPLACEMENT FINANCING

Vancouver, British Columbia November 26, 2025. Oracle Energy Corp. (NEX: OEC.H,) ("Oracle" or the "Company") is pleased to announce that, further to its November 5, 2025 news release, it has received approval from the NEX Board of the TSX venture Exchange (the "Exchange") to settle $347,000 of debt, issuing 4,333,333 $0.06 common shares and 1,450,000 $0.06 Units, each Unit consisting of 1 common share of the company and 1 common share purchase warrant, each warrant being exercisable at $0.10 for 12 months from the date of issue.

An officer of the Company is settling $80,000 of debt, that portion of the shares for debt settlement being a "related party transaction" under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), respectively, as the fair market value of the subject matter of the transaction does not exceed 25% of the Company's market capitalization.

All securities issued pursuant to the Debt Settlement are subject to a statutory hold period of 4 months and one day from the date of issue.

The Company is also pleased to announce that it has arranged a non-brokered private placement financing for gross proceeds of up to $500,000 (the "Financing"). The Financing will consist of up to 5,000,000 $0.10 units (the "Units"), each Unit consisting of 1 common share of the Company and 1 common share purchase warrant (the "Warrants"), each warrant being exercisable for an additional common share of the Company at $0.20 for 12 months from the date of issue.

The Company intends to use the proceeds of the financing for general working capital purposes.

The securities issued pursuant to the Financing will be subject to a statutory hold period of four months and one day from the date of issuance. Completion of the Financing remains subject to Exchange approval of and Finders' fees may be payable in accordance with Exchange policies.

ON BEHALF OF THE BOARD OF DIRECTORS.

Loren Currie, CEO, Director

About Oracle Energy Corp.

Oracle Energy Corp. is classified an oil and gas development company on the TSX Venture Exchange.

For further information, please contact:

Loren Currie Director Phone: 604-558-0976

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward- looking statements in this release are made pursuant to the `safe harbour' provisions of the Private Securities

Phone: 604.558.0976 info@oracleenergy.com www.oracleenergy.com Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

Phone: 604.558.0976 info@oracleenergy.com www.oracleenergy.com

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