John Lee CFA

www.oracleholding.com Oracle Commodity Holding Corp. (TSX-V: ORCL) , is a mining royalty company, a spin out from Silver Elephant Mining Corp (TSX: ELEF) in 2022. Oracle’s business is acquiring royalties on silver and critical minerals mining projects. The Company’s current main assets include: 2% royalty on the Minago nickel PGM project in the Thompson nickel belt, Manitoba, operated by Flying Nickel Mining Corp. (“Flying Nickel”, TSX-V: FLYN). On July, 21, 2022, Flying Nickel submitted the Notice of Alteration (“NOA”) to Environment Act Licence No. 2981 for the Minago Nickel Project. Flying Nickel expects to receive the final decision on the NOA in 2024. 2% royalty on the Gibellini vanadium project in Nevada, operated by Nevada Vanadium Mining Corp. (“Nevada Vanadium”). On October, 23, 2023, the Bureau of Land Management (BLM), Battle Mountain District Office issued a Record of Decision and Plan of Operations approval for the Gibellini Vanadium Mine project in Eureka County, Nevada. 2% royalty on the Pulacayo-Paca silver-lead-zinc project in Potosi, Bolivia, which is in production and operated by Silver Elephant Mining Corp. (“Silver Elephant”). On September 12, 2023 Silver Elephant announced the sale of up to 800,000 tonnes of Pulacayo-Paca’s silver oxide materials to Andean Precious Metals Corp. A certain royalty on the Ulaan Ovoo coal project in Mongolia as described in Silver Elephant’s news release dated May 18, 2022. This royalty generated approximately US$78,000 in revenue to Oracle in 2023. 18,258,654 shares of Flying Nickel. This represents 20.88% of the outstanding shares of Flying Nickel. 24,691,848 shares of Nevada Vanadium. This represents 38.50% of the outstanding shares of Nevada Vanadium.