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Olympia Announces Closing of Sale of ATM Business

CALGARY, Alberta, Aug. 03, 2018 (GLOBE NEWSWIRE) -- Olympia Financial Group Inc. (TSX: OLY) (“Olympia”) is pleased to announce that its wholly-owned subsidiary, Olympia ATM Inc. has completed the sale of its automated teller machine business to Tarman ATM Inc., a corporation owned and controlled by Mr. Rick Skauge, President, Chief Executive Officer and Chairman of Olympia. Details respecting the transaction were previously announced by Olympia in a press release dated June 5, 2018.

About Olympia Financial Group Inc.

Olympia conducts most of its operations through its wholly-owned subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick and Nova Scotia. Olympia Trust Company administers self-directed registered accounts and offers foreign currency exchange services. Olympia also offers private health services plans through its wholly-owned subsidiary Olympia Benefits Inc. and provides information technology services to the exempt market dealers, registrants and issuers through its subsidiary Exempt Edge Inc.

Olympia’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.

For further information, please contact:

Olympia Financial Group Inc.
Rick Skauge, President and Chief Executive Officer
Gerhard Barnard, Vice-President, Finance and Chief Financial Officer
Phone: (403) 261-0900
Fax: (403) 265-1455

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