Northwire Canada EditionTuesday, November 10, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Financings

Olivier Ventures to settle $530,000 debt with shares

By The Northwire Desk — AI Analysis Nov 13, 2025 · 16:14 OVL · 0.055 Olivier Ventures Inc
OVL · Price

Executive Summary

  • Olivier Ventures Inc. has settled $530,000 of outstanding debt with an arm‑length creditor.
  • The settlement will be effected by issuing up to 10.6 million common shares at a deemed price of $0.05 per share.
  • The transaction will result in the creditor becoming a new insider of the company.

Key Details

  • Debt Amount: $530,000.
  • Settlement Mechanism: Issuance of up to 10.6 million common shares.
  • Deemed Share Price: $0.05 per share (implied valuation of $530,000).
  • Resulting Insider: The creditor will become a new insider upon receipt of the shares.
  • Purpose: To eliminate the specified debt and improve the company’s balance sheet as it transitions from oil & gas to new business opportunities.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Olivier Ventures Inc

Mar 17, 2026 · 15:56

Olivier signs option to acquire FRP Highway 101 claims

Financings