Home : December 2011 : December 16, 2011 News : Olivut Makes Offering of Flow-Through Shares and Common Shares by Way of Private Placement

Olivut Makes Offering of Flow-Through Shares and Common Shares by Way of Private Placement

December 16, 2011

TORONTO, ONTARIO--(Marketwire - Dec. 15, 2011) - 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.

http://www.marketwire.com/mw/release.do?id=1599452&sourceType=3
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