Olivut Resources Ltd. reported audited earnings results for the year ended October 31, 2017. For the year, the company reported loss before income taxes of CAD 397.097 against CAD 481,468 a year ago. Net loss and comprehensive loss for the year was CAD 397,097 or CAD 0.01 per basic and diluted share against CAD 458,611 or CAD 0.01 per basic and diluted share a year ago. Cash flows used in operating activities was CAD 172,911 against CAD 302,937 a year ago.