Mr. Harry Chew reports

OLIVIER ANNOUNCES AMENDMENTS TO TSXV REACTIVATION

Olivier Ventures Inc. has made revisions to its reactivation plan set out in its news release dated March 17, 2026 (the prior release).

Share offering

The company announces the revision of the terms of its non-brokered private placement. The offering will now be up to 6.25 million units at a price of eight cents for gross proceeds of $500,000, subject to TSX Venture Exchange approval. Each unit will consist of one common share and one whole share purchase warrant, with each warrant exercisable for one additional share at a price of 10 cents for a period of two years from the date of issue. All shares and warrants issued in conjunction with the offering will be subject to a hold period of four months and one day from their date of issuance. The company may pay finders' fees in connection with the issuance of the shares which will be in accordance with any restrictions imposed by the exchange.

Debt settlement

As announced in the prior release, the company intended to close a debt settlement of $772,000 of debt with seven creditors, six of whom are at arm's length to the company, through the issuance of up to 12,866,667 common shares of the company at a deemed price of six cents per share. The debt settlement has now been revised such that there will be six creditors, all at arm's length to the company, at a deemed price of eight cents per share through the issuance of up to 9.65 million common shares of the company. No new insiders are expected to be created as a result of either the offering or the debt settlement.

Name change

Olivier Ventures now proposes to change its name to Kichona Minerals Inc. or such other name as the company may obtain approval for to more accurately reflect its new business. The company's new stock ticker symbol following closing will be KIC.

Early warning

The company is reporting that 1691 Ventures Inc. has ceased to be an insider of the company by virtue of the fact that it no longer holds over 10 per cent of the company's issued and outstanding shares. This is the result of the sale of 40,000 shares by 1691 Ventures in the market. Prior to the sale of the shares of the company, 1691 Ventures held 4.4 million shares of the issuer, representing 10.089 per cent of the issued and outstanding shares of the company. As a result of the disposition, 1691 Ventures now holds 4.36 million shares of the company, representing 9.99758 per cent of the company's issued and outstanding shares.

In the future, 1691 Ventures may acquire additional securities of the company or dispose of such securities through the market or otherwise subject to a number of factors, including general market and economic conditions, other investment and business opportunities available, and other circumstances.

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.

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 second floor, 820 West Broadway, Vancouver, B.C., V5Z 1J8. The company's shares trade on the TSX-V under the symbol OVL.

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