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Tag "olivut-resources-ltd"

Olivut Resources Ltd. Announces Innovative Funding Commitment for Up to $18 Million 0

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 York-based asset management firm (together "Lind&

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Olivut Resources Ltd. Provides Exploration Update 0

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 diamonds from 245 kilograms of kimberlite core submitted fo

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Olivut Resources Ltd. 2012 Drilling Intersects Kimberlite 0

TORONTO, ONTARIO — (Marketwire) — 10/17/12 — Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) provides an update on the successful 2012 drilling program for the HOAM Project, Northwest Territories.The field portion of the 2012 drilling program was completed in September and resulted in a new kimberlite discovery. Eleven holes were drilled on eight previously untested targets. Drilling was focused on magnetic anomalies identified by ongoing analyses of

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