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Home » Archives for Settlement Trust

No 1099s Needed for 2020 OC Dividends and Elder Benefits

January 29, 2021

No 1099s

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

Filed Under: Shareholder News

OC Shareholders Vote to Establish Olgoonik Settlement Trust

March 20, 2019

At a special meeting in Wainwright on March 19, 2019, OC shareholders supported the establishment of the Olgoonik Settlement Trust. It was a strong show of support, with more than 90% of shares represented by proxy and in-person voting choosing "Yes" to establish the Trust. The OC Board of Directors will now act on the direction of shareholders to set in place the management structure for the Read More

Filed Under: Shareholder News

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