NEX COMPANY:
BULLETIN V2026-3411
KICHONA MINERALS INC. ("KIC")
[formerly OLIVIER VENTURES INC. ("OVL.H")]
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Shares for Debt, Name Change, Graduation from NEX to TSX Venture, Symbol Change, Resume Trading
BULLETIN DATE: November 6, 2026
NEX Company
Property-Asset or Share Purchase Agreement
TSX Venture Exchange (the "Exchange") has accepted filing documentation for the acquisition of 100% interest in 23 contiguous mining claims in the Frecheville Township within the Larder Lake Mining division of Ontario (the "Property") pursuant to an option agreement dated March 16, 2026 (the "Agreement") between the Company and an arm's length party (the "Optionor").
Pursuant to the terms of the Agreement, the Company must pay a total of $72,500 in cash, issue a total of 200,000 common shares of the Company and incur a total of $250,000 in eligible exploration expenditures on the property over a four-year period following the date of approval in order to acquire a 100% interest in the Property. The Company has the right but not the obligation to accelerate the exercise of the Option by meeting the requirements on an expedited basis. The Property will be subject to a 2% NSR in favor of the Optionor, of which the Company has an irrevocable right to purchase 1% at any time after the option has been exercised for a cash payment of $500,000.
For further details, please refer to the Company's news releases dated Refer to the company's news releases dated March 17, 2026, July 17, 2026, August 12, 2026, August 28, 2026 and November 6, 2026.
Private Placement-Non-Brokered
Financing Type: Non-Brokered Private Placement
Gross Proceeds: $324,560
Offering: 744,444 flow-through shares ("FT Share") with 372,222 warrants attached ("FT Warrant") and 3,219,500 non-flow-through shares ("NFT Share") with 3,219,500 warrants attached ("NFT Warrant")
Offering Price: $0.09 per FT Share and $0.08 per NFT Share
Warrant Exercise Terms: $0.12 per FT Warrant for a two-year period and $0.10 per NFT Warrant for a two-year period
Non-Cash Commissions: N/A
Public Disclosure: Refer to the company's news releases dated March 17, 2026, July 17, 2026, August 12, 2026, August 28, 2026 and November 6, 2026.
Shares for Debt
Debt Settled: $772,000
Securities Issued: 9,650,000 Listed Shares
Issue Price: $0.08 per Listed Share
Refer to the company's news releases dated March 17, 2026, July 17, 2026, August 12, 2026, August 28, 2026 and November 6, 2026.
Name Change
Pursuant to a resolution passed by directors on March 16, 2026, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on November 10, 2026, the common shares of Kichona Minerals Inc. will commence trading on TSX Venture Exchange, and the common shares of Olivier Ventures Inc. will be delisted. The Company is classified as a 'Mining' company.
Capitalization: Unlimited shares with no par value of which
61,711,996 shares are issued and outstanding
Escrow: nil shares are subject to escrow
Transfer Agent: Odyssey Trust Company
Trading Symbol: KIC (new)
CUSIP Number: 493948103 (new)
Graduation from NEX to TSX Venture, Symbol Change
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on November 10, 2026 the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Effective at the opening, November 10, 2026, the trading symbol for the Company will change from OLV.H to KIC. The Company is classified as a ''Mining" company.
Resume Trading
Effective at the opening on November 10, 2026, the shares of the Company will resume trading.
Company's Contact: Sonny Chew, CEO and Director
Company Address: 201 - 820 Broadway West, Vancouver, British Columbia, V5Z 1J8, Canada
Company's Phone Number: (604) 689-2646
Company's e-mail address: office@pacificparagon.com
_______________________________________
|
|
