Olive Resource Capital Inc. announced the results of its Annual and Special Meeting of Shareholders (the "Meeting"), held on October 7, 2022. At the Meeting, Evelyn Foo was elected as a new director replacing Darren Koningen who did not stand for re-election. Evelyn Foo, CPA, CA, has over 30 years of experience in the asset management industry specializing in operational execution, financial analysis, regulatory compliance, risk infrastructure development and analysis, securities valuation, investment product structure, and merger and acquisition strategy.

Previously Evelyn was President, CFO, COO and CCO at Galileo Global Equity Advisors Inc. a boutique asset management firm. Prior to that, Evelyn held numerous senior positions at Canadian banks and independent investment fund families in Toronto. Evelyn holds a Bachelor of Commerce from University of Toronto and is a Certified Professional Accountant of Canada and Ontario.