Olive Resource Capital Inc. announces that it is proposing to settle an aggregate of $190,000 owing to a former officer of the Company through the issuance of an aggregate of 1,000,000 common shares of the Company at an implied issue price of C$0.04 per Common Share , in addition to a cash payment of C$150,000 . The Company determined to partially satisfy the indebtedness with common shares in order to preserve its cash [...]
Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.057 per share for December 31, 2022 . At the end of December, the Company's price per share was C$0.04. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Rockcliff Metals Corp. RCLF:CSE $1,658,505 $0.015 Black Sheep Income Corp. Private $915,755 [...]
Olive Resource Capital Inc. announces today that it has received approval to undertake, at the Company's discretion, a normal course issuer bid program to purchase up to 10,466,520 of its common shares . The Company is commencing the Bid because it believes that from time to time the market price of its common shares may not fully reflect the underlying value of the Company's business, and that the repurchase of its [...]
Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.055 per share for November 30, 2022 . At the end of November, the Company's price per share was C$0.035. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Rockcliff Metals Corp. RCLF:CSE $1,658,505 $0.015 Black Sheep Income Corp. Private $911,963 [...]
Olive Resource Capital Inc. announces today that is has indirectly acquired 10,370,999 common shares of Nevada Zinc Corporation pursuant to the Company's purchase of all of the issued and outstanding limited partnership units of Norvista Capital I Limited Partnership , a private limited partnership, through the payment of an aggregate amount of 10,373,961 common shares in the capital of the Company to the sellers of the [...]
Olive Resource Capital Inc. announces today that is has indirectly acquired 10,380,952 common shares of Rockcliff Metals Corporation pursuant to the Company's purchase of all of the issued and outstanding limited partnership units of Norvista Capital I Limited Partnership , a private limited partnership, through the payment of an aggregate amount of 10,373,961 common shares in the capital of the Company to the sellers of [...]
Olive Resource Capital Inc. is pleased to announce that it has acquired, from three arm's length vendors, all of the limited partnership units of Norvista Capital I Limited Partnership , an entity whose general partner is a subsidiary of Olive, for 10,373,961 common shares of Olive . The assets of the LP include shares of Rockcliff Metals and Nevada Zinc . Derek Macpherson, Executive Chairman and Director stated, "We are [...]
Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.057 per share for October 31, 2022 . At the end of October, the Company's price per share was C$0.025. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Rockcliff Metals Corp. RCLF:CSE $1,450,886 $0.014 Black Sheep Income Corp. Private $908,171 [...]
Olive Resource Capital Inc. is pleased to announce the results of its Annual and Special Meeting of Shareholders , held on October 7, 2022. At the Meeting, incumbent directors Derek Macpherson, Samuel Pelaez, Jeffrey Singer, and David Regan were re-elected as directors of Olive. Evelyn Foo was elected as a new director replacing Darren Koningen who did not stand for re-election. All other items put forth at the Meeting [...]
Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.067 per share for September 30, 2022 . At the end of September, the Company's price per share was C$0.025. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Rockcliff Metals Corp. RCLF:CSE $2,176,329 $0.022 Black Sheep Income Corp. Private $904,380 [...]
Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.075 per share for August 31, 2022 . At the end of August, the Company's price per share was C$0.04. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Rockcliff Metals Corp. RCLF:CSE $2,539,050 $0.025 Black Sheep Income Corp. Private $900,588 $0.009 [...]
Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.078 per share for July 31, 2022 . At the end of July, the Company's price per share was C$0.045. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Rockcliff Metals Corp. RCLF:CSE $2,901,771 $0.029 Black Sheep Income Corp. Private $896,796 $0.009 [...]