WAINWRIGHT, AK – The Olgoonik Corporation Board of Directors unanimously decided to host the Annual Meeting of Shareholders as a virtual event on Saturday, June 12, 2021. After consulting with health experts from the Arctic Slope Native Association (ASNA), the North Slope Borough (NSB), and the State of Alaska about the safety of large, indoor, in-person gatherings, it was determined that the Read More
OC Board Declares 2021 Shareholder Dividend
WAINWRIGHT, AK — The Olgoonik Corporation Board of Directors (BOD) declared a 2021 shareholder dividend, payable through the Olgoonik Settlement Trust, at the quarterly meeting on March 25, 2021. In declaring a $13/share dividend by a resolution that received full support from every Board member, the BOD again made special mention of COVID-19 impacts on Olgoonik’s shareholder community, similar to Read More
No 1099s Needed for 2020 OC Dividends and Elder Benefits
WAINWRIGHT, AK -- All shareholder dividends and elder benefits in 2020 were paid through the Olgoonik Settlement Trust and are tax-free to shareholders. No 1099s are being issued. Shareholders voted to establish the Olgoonik Settlement Trust in March 2019. Since then, Olgoonik has been able to provide tax-free benefits to shareholders! Read More
Shareholders to Vote on Opening Additional Class B Shares at 2021 Annual Meeting
WAINWRIGHT, AK -- At a special meeting in November 2020, the Olgoonik Corporation Board of Directors approved a resolution to ask shareholders to vote on an increase in the number of Class B Common Stock. At the 2021 Annual Meeting of Shareholders scheduled for June 12, 2021, shareholders will vote on this matter. If approved by the majority of shareholders, then the increase would re-open Read More
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