Oracle Commodity Holding (TSXV: ORCL) announces details of NSR coal royalty change of $2/ton or 3%

Oracle Commodity Holding (OTCQB: ORLCF) clarified the terms of its modified and reformulated coal NSR license fee Agreement with Silver Elephant dated August 26, 2025published November 19, 2025. The royalty payable from Silver Elephant’s Mongolian coal projects is now higher US$2 per ton or 3% of NSRwith NSR calculated on the average spot selling price of coal. The change replaces a previous one 5% NSR is calculated based on the actual sales price (including discounts) and is intended to align the royalty rate with market conventions and simplify the pricing methodology without significantly changing the economic effect. Silver Elephant continues to guarantee payments and is a controller of Oracle Commodity Holding; The transaction was treated as a related party transaction with available exemptions under MI 61-101.