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.
The post Olivut Resources (TSXV:OLV) closes private placement appeared first on The Market Herald.
Olivut Resources (TSXV:OLV) closes private placement