- Olivut Resources (OLV) has closed a non-brokered private placement for proceeds of $300,000
- The offering consisted of 6,000,000 common shares at a price of $0.05 per share
- Olivut will use the proceeds for exploration and general corporate purposes
- Olivut is a diamond exploration company with interests in projects located in northern Canada
- Olivut Resources Ltd. (OLV) opened trading at C$0.04
Olivut Resources (OLV) has closed a non-brokered private placement for proceeds of $300,000.
The offering consisted of 6,000,000 common shares at a price of $0.05 per share.
All securities issued are subject to a statutory four-month hold period.
Olivut will use the proceeds for exploration and general corporate purposes.
Olivut is a diamond exploration company with a 100 per cent mineral interest in the HOAM Project and a 50 per cent interest in the Seahorse Project both located in the Northwest Territories.
Olivut Resources Ltd. (OLV) opened trading at C$0.04.
