|Bid||0.110 x 0|
|Ask||0.120 x 0|
|Day's Range||0.095 - 0.095|
|52 Week Range||0.070 - 0.200|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
During August, crews and equipment were mobilized to initiate the detailed airborne geophysical survey program on the Seahorse Project. To date, unseasonable, extremely poor weather conditions continue to severely hamper field progress with the helimag survey since flying is not possible. Reconnaissance work to assist with the planned drill program has been carried out. If these adverse weather conditions persist, the work that cannot be completed this season will be rescheduled to be conducted during the spring when crews can benefit from lengthening daylight hours and hopefully, more stable air masses. The project must be supplied by small aircraft and helicopter.
Olivut Resources Ltd. (“Olivut” or the “Company”) (OLV.V) is pleased to announce that, in addition to the $1,600,000 financing previously announced on July 6, 2018, the Company has closed a non-brokered private placement (the “Private Placement”) comprised of 900,000 common shares (the “Common Shares”) for proceeds of $108,000 at a price of $0.12 per Common Share. The Common Shares are subject to resale restrictions pursuant to applicable securities laws requirements and will not be freely tradable until four months after the date of issue. Olivut will use the proceeds of the Placement for exploration and general corporate purposes.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, July 06, 2018-- Olivut Resources Ltd. President Leni Keough states:“ It is an exciting and welcome ...
Olivut Resources Ltd. provides HOAM project update and issues stock options. Recent exploration on the HOAM Project has consisted of further in-depth analysis of the Company's extensive...