TORONTO, ONTARIO--(Marketwired - Oct 31, 2013) - Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE:OLV) is pleased to provide an update on the late summer exploration program on the HOAM Project. In September a detailed helimag program was undertaken to assess moderate to high priority anomalies identified from the ongoing analysis of Olivut's regional airborne magnetic database. Twenty-three blocks were [...]
TORONTO, ONTARIO--(Marketwired - Oct 18, 2013) - Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE:OLV) is pleased to provide a funding update. The terms of the Securities Purchase Agreement (the "Agreement") dated March 12, 2013, between The Canadian Special Opportunity Fund, L.P. ("CSOF") and Olivut provide the flexibility to alter tranche financing based on cash flow requirements and current market [...]
TORONTO, ONTARIO--(Marketwired - Sep 12, 2013) - Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE:OLV) is pleased to provide an exploration and funding update. A low level helimag geophysical program is currently underway on the HOAM project over selected high priority areas. The terms of the Securities Purchase Agreement (the "Agreement") dated March 12, 2013, between The Canadian Special Opportunity Fund [...]
TORONTO, ONTARIO--(Marketwired - Aug 14, 2013) - Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE:OLV) is pleased to provide a funding and exploration update. The terms of the Securities Purchase Agreement (the "Agreement") dated March 12, 2013, between The Canadian Special Opportunity Fund, L.P. ("CSOF") and Olivut provides the flexibility to alter tranche financing based on cash flow requirements and [...]
TORONTO, ONTARIO--(Marketwired - Jul 12, 2013) - Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE:OLV) is pleased to provide an exploration and funding update. The analysis of regional airborne data for the HOAM Project has defined numerous new target areas for follow-up with detailed, low level airborne magnetic surveys. Analysis is ongoing. Weather conditions permitting, airborne surveys will be [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/12/13 -- Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) announces that pursuant to the terms of the Securities Purchase Agreement (the "Agreement") dated March 12, 2013 to raise up to $18 million over approximately 36 months in a tranched placement of securities to the Canadian Special Opportunity Fund, L.P. ("CSOF"), CSOF has advanced to the Company $64,500 [...]
TORONTO, ONTARIO -- (Marketwired) -- 05/14/13 -- Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) announces that pursuant to the terms of the Securities Purchase Agreement (the "Agreement") dated March 12, 2013 to raise up to $18 million over approximately 36 months in a tranched placement of securities to the Canadian Special Opportunity Fund, L.P. ("CSOF"), CSOF was issued 712,504 shares of the [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/11/13 -- Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) announces that pursuant to the terms of the Securities Purchase Agreement (the "Agreement") dated March 12, 2013 to raise up to $18 million over approximately the next 36 months in a tranched placement of securities to the Canadian Special Opportunity Fund, L.P. ("CSOF"), CSOF has elected not to receive [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/08/13 -- Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) announces that it has closed its previously announced private placement of a $300,000 callable, convertible security pursuant to the terms of the Securities Purchase Agreement (the "Agreement") dated March 12, 2013 to raise up to $18 million over approximately the next 36 months in a tranched placement [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/12/13 -- Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) is very pleased to announce that it has entered into a Securities Purchase Agreement (the "Agreement") to raise up to $18 million over approximately the next 36 months in a tranched placement of securities to the Canadian Special Opportunity Fund, L.P., a fund managed by The Lind Partners, a New [...]
TORONTO, ONTARIO -- (Marketwire) -- 01/04/13 -- Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) provides an update for its exploration programs.
The 2012 HOAM exploration program, reduced in scope and expenditure as a result of world financial markets, resulted in the discovery of one new kimberlite from 11 holes drilled to test nine geophysical targets. Saskatchewan Research Council reported no [...]
Olivut Resources is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of $325,000. The Private Placement is comprised of 342,105 flow-through common shares for proceeds of $325,000 at a price of $0.95 per FT Share. The FT Shares are subject to resale restrictions pursuant to applicable securities laws requirements and will not be freely tradable until April 13, 2013.
