Petrolympic Ltd. , announces that a total of 4,650,000 options to purchase common shares of the Company have been granted to directors and officers of the Company at an exercise price of $0.10 per share, expiring on June 12, 2028. These options are replacing recently expired options and vest immediately. For further information please contact: Mendel Ekstein President Tel. 845-656-0184 Fax 845-231-6665 82 Richmond St East [...]
Petrolympic Ltd. is pleased to provide an update on its geophysical program in the Rayon d'Or and Vauquelin Property . The Property consists of 37 mining claims totaling of 2,129 hectares located 30 km east of the city of Val-d'Or, Québec, on the eastern extension of the world-famous Cadillac Break within the Val-d'Or Mining Camp. Figure 1: General location of the Rayon d'Or and Vauquelin Property within the Val-d'Or [...]
Petrolympic Ltd. is pleased to provide an update on its exploration campaign in the Vauquelin-Rayon d'Or Property . The Property consists of 37 mining claims totaling 2,129 hectares located 30 km east of the city of Val-d'Or, Québec, on the eastern extension of the world-famous Cadillac Break within the Val-d'Or Mining Camp. Figure 1: General location of the Rayon d'Or and Vauquelin Property within the Val-d'Or Mining [...]
Petrolympic Ltd. is pleased to announce it has acquired 52 mining claims covering about 6,981 acres , adjacent to the eastern edge of the Moblan Deposit owned by Sayona Mining Ltd.. These claims are located in the James Bay-Eeyou Istchee area of Quebec, approximately 125 km North of the town of Chibougamau, Quebec, Canada and are accessible year-round by the Route du Nord. This new project is located in a proven lithium [...]
Petrolympic Ltd. , announces that a total of 1,500,000 options to purchase common shares of the Company have been granted to directors and officers of the Company at an exercise price of $0.10 per share, expiring on December 8, 2027. These options vest quarterly in equal amounts over 12 months from issuance and are granted under the Company's stock option plan. For further information please contact: Mendel Ekstein [...]
Petrolympic Ltd. wishes to announce it has completed a non-brokered private placement of 5,881,800 common shares of the Company on a flow-through basis at a price of $0.11 per FT Share, for aggregate gross proceeds of $646,998. In connection with the Offering, the Company paid finder's commissions of an aggregate of $19,409.94 and issued an aggregate of 215,666 finder's shares at the 20-day VWAP price of $0.09 per [...]
Petrolympic Ltd. is pleased to announce the presence of several white pegmatite dykes on the Basserode Property in the Decelles Reservoir Area. The Property is located approximately 30 kilometers southeast of the town of Rouyn-Noranda and south of national highway 117. The two claim blocks consist of 109 and 14 mining claims each, covering respectively 15,533.6 acres and 1,993.1 acres , easily accessible via local logging [...]
Petrolympic Ltd. is pleased to announce that the TSX Venture Exchange has accepted for filling the documentation pertaining to a purchase agreement previously announced July 26th, 2002. Pursuant to the TSX-V approval the Company and the vendors have amended the terms of the purchase agreement to acquire the Basserode Lithium and Fournière Lithium properties in the emerging Cadillac-Pontiac lithium camp in the [...]
Petrolympic Ltd. is pleased to announce the closing of a non-brokered private placement , consisting of 3,100,000 units at a price of $0.06 per Unit to raise aggregate gross proceeds of $186,000. Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase a Common Share at $0.10 per share for a period of 36 months from closing, subject [...]
Petrolympic Ltd. is pleased to announce that the Company will begin a drilling campaign, with an initial minimum of approximately 1,000 meters, to test coinciding structural features with IP-Resistivity Axes and extensions of previously drilled auriferous mineralizations on its 100% controlled Belcourt Property in Abitibi, Quebec. The property consists of 125 map-designated claims in four blocks , all proximal to one [...]
Petrolympic Ltd. is pleased to present the results of a high-resolution magnetic survey undertaken on its Vauquelin Rayon-d'Or Property . Figure 1: Property Map is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7430070c-6659-4c5f-93b2-a60555e67ad5 The Property was flown with traverse lines at 50-meters spacing. The survey lines were oriented north-south with magnetic sensor at 17 meters above ground [...]
Petrolympic Ltd. is pleased to announce that the TSX Venture Exchange has accepted for filling the documentation pertaining to a purchase agreement dated November 16, 2021, between the Company and the vendors. Pursuant to this agreement, the Company will acquire three Mining Claims covering 75 Ha and located in the heart of the previously purchased Evangeline Lake gold property. As consideration, the Company will issue to [...]
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