Last C$0.16 CAD
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olivut resources ltd (OLV) Snapshot

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03/3/14 - C$0.37
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01/6/15 - C$0.11
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olivut resources ltd (OLV) Details

Olivut Resources Ltd. acquires, explores, and develops properties for mining precious minerals in Canada. It principally holds a 100% interest in the HOAM project that consists of 2 prospecting permits and 15 mineral claims with an area of approximately 129,148 acres located in the south-western part of the Northwest Territories. The company is headquartered in Jasper East, Canada.

olivut resources ltd (OLV) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$220.0K
Chief Financial Officer and Secretary
Total Annual Compensation: C$18.0K
Compensation as of Fiscal Year 2014.

olivut resources ltd (OLV) Key Developments

Olivut Resources Ltd. Provides Exploration Update

Olivut Resources Ltd. announced that throughout 2014, exploration on the HOAM Project was comprised predominantly of the ongoing interpretation of the company's extensive regional airborne geophysical database. This work will be completed by year end. Numerous new targets have been defined up ice from high interest kimberlite indicator mineral (KIM) populations. The bedrock sources for these KIMs have yet to be identified. Based on the encouraging results to date, detailed airborne magnetic surveys will be required over these new targets. It is anticipated that many additional anomalies will be added to the list of priority targets already slated to be tested by the next stage of drilling. The initial 2015 detailed exploration geophysical program is planned for late spring and will be conducted as funding and weather conditions permit. The results of the geophysical analysis combined with proposed detailed airborne survey work will define new priority drill targets. This should place the Company in a strong position when market sentiment improves and junior exploration drilling programs are actively supported. Given the world market atmosphere for equity financing of junior companies, Management believes it is in the shareholders' best interest for the company to maintain a conservative approach to exploration while continuing to advance its field projects.

Olivut Resources Ltd., Annual General Meeting, Feb 11, 2015

Olivut Resources Ltd., Annual General Meeting, Feb 11, 2015., at 10:30 US Eastern Standard Time. Location: tikeman Elliott LLP, 53rd Floor. Agenda: To receive the audited financial statements of the company as at and for the years ended October 31, 2014 and 2013; to elect the directors of the company; to appoint McGovern, Hurley, Cunningham, LLP, as the auditor of the Company and to authorize the directors to fix the remuneration to be paid to the auditor; and to approve the Amended and Restated Share Option Plan.

Olivut Resources Ltd. Announces Demise of Sargent Berner as Director

Olivut Resources Ltd. announced passing of long term director Sargent Berner on September 10, 2014.


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