January 24, 2021

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Olympia Economic Group Inc. Announces New Head Business office

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Olympia Economic Group Inc. Announces New Head Business

Olympia Economical Team Inc. (“Olympia“) (TSX: OLY) is pleased to announce that the landlord has consented to Olympia’s sublease of the 40th, 39th and 38th flooring of the East Tower of the Centennial Location setting up positioned at 520 – 3rd Avenue S.W, Calgary, Alberta, till December 31, 2025. Approximately, 50,607 square feet has been leased by Olympia underneath the sublease.

Olympia Government Vice President Craig Skauge remarked “We are extremely fired up to relocate our head business to such a terrific building. Though the dynamic of our workplace has been quickly disrupted, we’re optimistic that points will return to usual in the latter part of 2021 or early 2022. We consider the shift will deliver some a lot-needed excitement to our workforce and reinvigorate our employees just after a challenging 2020.”

Olympia designs to start out operations in the new office in the Next Quarter of 2021 and its employees will slowly transition to the new business by conclusion of the To start with Quarter of 2022.

About Olympia Financial Group Inc.

Olympia conducts most of its functions through its subsidiary Olympia Belief Corporation, a non-deposit using believe in firm. Olympia Believe in Corporation is licensed to conduct believe in pursuits in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick and Nova Scotia. Olympia Rely on Organization administers self-directed registered program accounts, gives currency exchange and payment solutions, company have confidence in and transfer agency expert services. OFGI also features non-public overall health solutions strategies, and facts technologies solutions to exempt market place dealers, registrants and issuers by way of its subsidiary Olympia Rewards Inc.

Olympia’s popular shares are outlined on the Toronto Inventory Exchange less than the symbol “OLY”.

Statements Concerning Forward Searching Information and facts

Particular parts of this push launch as perfectly as other public statements by Olympia contain “forward-hunting information” within the indicating of relevant Canadian securities laws, which is also referred to as “forward–looking statements”, which may perhaps not be dependent on historical truth. Anywhere possible, text these as “will”, “plans,” “expects,” “targets,” “continue”, “estimates,” “scheduled,” “anticipates,” “believes,” “intends,” “may,” and similar expressions or statements that certain actions, events or effects “may,” “could,” “would,” “might” or “will” be taken, take place or be attained, have been applied to recognize forward-hunting details. Ahead-hunting statements contained in Olympia’s general public disclosure incorporate, with out limitation, Olympia’s earnings anticipations, price income, price concentrations, normal economic, political and marketplace components in North The usa and internationally, desire and foreign trade premiums, global equity and cash marketplaces, organization opposition, technological change, improvements in governing administration regulations, unpredicted judicial or regulatory proceedings, catastrophic gatherings, and Olympia’s skill to entire strategic transactions and other elements. In addition, this information launch consists of forward-wanting statements relating to the timing of the changeover of Olympia employees from Olympia’s present-day head office to Olympia’s new head workplace.

All substance assumptions employed in generating forward-seeking statements are based mostly on management’s know-how of present enterprise problems and anticipations of long term small business disorders and tendencies, which includes their understanding of the latest desire charge and liquidity disorders influencing Olympia and the Canadian overall economy. Sure substance factors or assumptions are used by Olympia in building ahead-looking statements, such as without having limitation, variables and assumptions concerning curiosity and international trade premiums, availability of key personnel, the outcome of competition, governing administration regulation of its business, computer failure or security breaches, long run money needs, acceptance of its items in the market, its functioning cost structure, the present-day tax routine and the capability of Olympia to get necessary 3rd-party and governmental approvals, as relevant.

Olympia Fiscal Team Inc.

Rick Skauge, President and Chief Executive Officer

Gerhard Barnard, Vice-President, Finance and Chief Money Officer

Cell phone: (403) 261-0900

Fax: (403) 265-1455

 

Watch source model on businesswire.com: https://www.businesswire.com/information/household/20210106005882/en/

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