Olive Resource Capital closes non-brokered private placement raising $3.22 million

Reuters2026/08/17 11:03

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Olive Resource Capital closed a non-brokered private placement raising gross proceeds of about $3.22 million.
Issued 29,256,545 common shares at $0.11 per share.
Proceeds earmarked for general corporate purposes, including working capital.
Directors, officers, and a 10% holder bought 7,250,000 shares in the offering.
Shares carry a four-month-and-one-day hold, expiring Dec. 15, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olive Resource Capital Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608170700NEWSFILECNPR____20260817_309884_1) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Olive Resource Capital closes non-brokered private placement raising $3.22 million

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