Detail akcie Olivut Res online

Business Summary: Olivut Resources Ltd. is a Canada-based company engaged in the acquisition, exploration and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company has a 100% mineral interest in the HOAM Project located in the Mackenzie Region (the HOAM Project) and a 50% interest in the Seahorse Project (the Seahorse Project). Both projects are located in Canada’s Northwest Territories. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The HOAM Project Area lies within three traditional Aboriginal settlement regions of the Northwest Territories: the Sahtu in the north, the North Slave in the east and the Deh Cho in the center and south. The Company’s interest in the Seahorse Project includes any mineral deposits discovered, whether diamonds or other minerals.
Financial Summary: BRIEF: For the nine months ended 31 July 2024, Olivut Resources Ltd revenues was not reported. Net income totaled C$977K vs. loss of C$463K. Net income reflects Accretion expense on promissory note decrease from C$110K (expense) to C$0K, Share-option amortization expense decrease of 84% to C$5K (expense), Interest income increase of 8% to C$21K (income). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.01 to C$0.01.