Original News Release
Olivier Ventures to settle $530,000 debt with shares
Mr. Harry Chew reports
OLIVIER VENTURES ANNOUNCES DEBT SETTLEMENT
Olivier Ventures Inc. has negotiated the settlement of $530,000 of debt with an arm's-length creditor. The company proposes to settle the debt through the issuance of up to 10.6 million common shares of the company at a deemed price of five cents per share. The settlement is expected to create a new insider of the company.
About Olivier Ventures Inc.
Olivier Ventures was incorporated on March 25, 1981, under the laws of the province of British Columbia. On Feb. 28, 2023, the company changed its name from Pacific Paradym Energy Inc. to Olivier Ventures Inc.
The company is in the process of transitioning from the oil and gas sector to exploring new business opportunities. The company's registered address is at Suite 905, 1030 West Georgia St., Vancouver, B.C., V6E 2Y3. The company's shares trade on the TSX Venture Exchange under the symbol OVL.
We seek Safe Harbor.
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