WAINWRIGHT, AK — The Olgoonik Corporation Board of Directors authorized an Elder Distribution to original, living OC shareholders at the September quarterly meeting in Wainwright. Payments of $1,250 each for eligible shareholders are scheduled to go out from the Olgoonik Settlement Trust by October 30, 2024.
To be eligible, recipients must be living and 60 years of age or older by September 25, 2024, and have been issued 100 shares of Settlement Common Stock in Olgoonik Corporation either (a) as part of the original issuance of such shares authorized by ANCSA, or (b) as a missed enrollee, pursuant to Section 1(b)(i)(B) of Article IV of the Olgoonik Corporation Amended and Restated Articles of Incorporation. Generally, a living shareholder over 60 who was issued 100 shares of Class A stock (regardless of how many Class A shares they currently retain) will be considered eligible.
Please be sure the address and payment information we have on file for you is correct BEFORE October 11. We will use that information to process payments. Shareholders who have follow-up questions should call the Stock Department at 907-562-8728 (Anchorage) or email ocstock@olgoonik.com. To check the mailing address and banking information you have on file with the corporation, please register for the new shareholder portal at MyOlgoonik.com or call the front desk at the office to verify the information used for payment.