OLV Olivut Resources Ltd

Olivut Resources Ltd. (the "Company" or "Olivut") (TSX VENTURE:OLV), in a non
brokered private placement and subject to regulatory approval, proposes to issue
(i) up to 1,600,000 common shares in the capital of Olivut to be issued on a
flow-through basis (each, a "FT Share") at a price of $1.25 per FT Share; and
(ii) up to 909,090 common shares in the capital of Olivut (each, a "Common
Share") at a price of $1.10 per Common Share.


Proceeds of the placement of FT Shares will be applied to costs related to the
Company's HOAM project in Northwest Territories, Canada and proceeds of the
Common Shares for costs related to its South American projects and general
corporate purposes.


Olivut is a diamond exploration company with a 100% mineral interest in the HOAM
Project in Canada's Northwest Territories and option agreements with Orosur
Mining Inc. whereby Olivut may earn up to 80% interest in diamond prospecting
and exploration licenses located in northern Uruguay, South America and with
Latin American Minerals Inc. and certain of its Paraguayan subsidiaries to
explore the Itapoty Diamond Project located in central Paraguay, South America.
Please visit www.olivut.com for detailed corporate and project information.


This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from those
indicated by such statements. All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.


Leni Keough, President and Chief Executive Officer

Grafico Azioni Olivut Resources (TSXV:OLV)
Storico
Da Set 2024 a Ott 2024

Grafico Azioni Olivut Resources (TSXV:OLV)
Storico
Da Ott 2023 a Ott 2024