Olivut Resources (TSE:OLV) has released an update.
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Olivut Resources Ltd. has successfully completed a private placement, raising $597,000 through the issuance of 7,462,500 common shares. The funds will be allocated for exploration and general corporate purposes. The company also reports promising exploration updates from its Seahorse Project, with the potential for significant diamondiferous kimberlite bodies.
For further insights into TSE:OLV stock, check out TipRanks’ Stock Analysis page.