File: Attachment News Release - Olivier Ventures Inc.pdf

OLIVIER VENTURES INC.

2nd Floor 820 West Broadway Vancouver, British Columbia V5Z 1J8

Telephone: 604-689-2646

PRESS RELEASE NEX: OVL.H FOR IMMEDIATE DISTRIBUTION

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

OLIVIER ANNOUNCES AMENDMENTS TO TSXV REACTIVATION

Vancouver, BC July 17, 2026 Olivier Ventures Inc. (the "Company" or "Olivier") (NEX: OVL.H) announces 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"). The Offering will now be up to 6,250,000 units (the "Units") at a price of $0.08 for gross proceeds of $500,000, subject to TSX Venture Exchange approval. Each Unit will consist of one common share (the "Shares") and one whole share purchase warrant (the "Warrants"), with each Warrant exercisable for one additional Share at a price of $0.10 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 $0.06 per share (the "Debt Settlement"). 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 $0.08 per share through the issuance of up to 9,650,000 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 Inc. 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. ("1691 Ventures") has ceased to be an insider of the Company by virtue of the fact that it no longer holds over 10% of the Company's issued and outstanding shares. This is as 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 4,400,000 shares of the Issuer, representing 10.089% of the issued and outstanding shares of the Company. As a result of the disposition, 1691 Ventures now holds 4,360,000 shares of the Company, representing 9.99758% 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 Inc. was incorporated on March 25, 1981 under the laws of the province of British Columbia. On February 28, 2023, the Company changed its name from Pacific Paradym Energy Inc. to Olivier Ventures Inc.

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 2nd Floor, 820 West Broadway, Vancouver, BC, V5Z 1J8. The Company's shares trade on the TSX-V under the symbol "OVL".

For more information, please contact:

OLIVIER VENTURES INC. Harry Chew, President, Director Email: hchew@pacificparagon.com Tel: (604) 689-2646

On behalf of the Board of Directors,

"Harry Chew"

Harry Chew President & CFO Olivier Ventures Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

*This News release contains information about other properties on which Olivier Ventures Inc. has no right to explore or mine. Readers are cautioned that mineral deposits on other properties are not indicative of mineral deposits on the Company's proposed Property.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward-looking statements concern, without limitation: the completion of the transaction announced, the Offering and the Debt Settlement as well as the anticipated use of proceeds therefrom. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; timing and amount of capital expenditures; performance of services required by the Company; future operating costs; and the receipt of regulatory approvals. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors, including regulatory risks; unanticipated costs and expenses; availability of funds; failure to receive required regulatory approvals; market prices;, and general market conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.