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Olive Resource Capital Applies for Normal Course Issuer Bid & Announces Option Grant
Newsfileยท 2025-07-21 12:00
Core Points - Olive Resource Capital Inc. has announced a new Normal Course Issuer Bid program to repurchase common shares, believing that the market price may not reflect the underlying value of the business [2] - The company granted 2,050,000 incentive stock options to its Directors and Officers, with an exercise price of $0.05 per share, expiring on July 18, 2030, and vesting over three years [3] - As of the date of the release, Olive Resource Capital Inc. has 106,144,709 common shares outstanding [4] - Olive is a resource-focused merchant bank and investment company, primarily investing in natural resource companies at various stages of development [5]