Petrolympic Ltd.

Petrolympic Ltd. is pleased to provide an update on its exploration projects and the potential of the Rayon d'Or and Vauquelin gold properties. Petrolympic is currently developing an exploration program to delineate the extensions of auriferous zones included in the Rayon d'Or and Vauquelin deformation corridor. In particular, the Company is undertaking an airborne magnetic survey followed by a ground Induced Polarization [...]

Petrolympic Ltd. wishes to announce it has completed a non-brokered private placement of 4,000,000 units of the Company at a price of $0.10 per Unit, for aggregate gross proceeds of $400,000. Each Unit is comprised of one common share in the capital of the Company , issued on a flow-through basis, and one-half of one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share at a [...]

Petrolympic Ltd. announces that the Company has amended the terms of the purchase agreement to acquire the Belcourt gold property previously announced May 11th, 2021. As part of the original agreement the Vendor was to receive 350,000 common share purchase warrants conditional on the completion of a future financing and subject to the terms of such financing. The Amended Agreement removes this provision and states that [...]

Petrolympic Ltd. is pleased to announce that the Company has entered into an agreement to acquire a gold property located 40 km north of the town of Val-d'Or, a major gold mining centre in Northwestern Quebec . The Property consists of 125 map-designated claims in 4 blocks , all proximal to one another and covering a total of 5,479 hectares in the Barraute, Carpentier, Courville and Fiedmont townships in the Abitibi [...]

Petrolympic Ltd. is pleased to announce that the Company has entered into an agreement to acquire a gold property located in the east of the Val d?Or mining camp, Province of Quebec . The Property consists of two contiguous map-designated claims covering 285.9Acres which are part of a group of six claims recently purchased, complementing a unifying a total of 37 contiguous map-designated claims to a grand total of 5263 [...]

Petrolympic Ltd. reports that its board of directors has approved the settlement of $100,000 of debt through the issuance of common shares of the Company . Pursuant to the Debt Settlement, the Company would issue an aggregate of 1,428,571 common shares of the Company at a deemed price of $0.07 per Share to a creditor of the Company, who is an officer of the Company . The issuance of the Shares to the Creditor is subject [...]

Petrolympic Ltd. is pleased to announce the closing of a non-brokered private placement , consisting of 1,666,667 units at a price of $0.06 per Unit to raise aggregate gross proceeds of $100,000. 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 has entered into an agreement to acquire a gold property located in the south of the Sudbury mining camp, Province of Ontario . The Property consists of 24 map designated mining claims covering 600 Ha property in Southwest of Espanola, Ontario, District of Sudbury approximately 70 km Southwest of the town of Sudbury, a major gold mining center in Central Ontario. On [...]

Petrolympic Ltd. is pleased to announce that the Company has entered into an agreement to acquire a gold property located in the east of the Val d?Or mining camp, Province of Quebec . The Property consists of 31 contiguous map-designated claims covering 1,784 Ha of gold potential geology in the center of Vauquelin township approximately 40 km east of the town of Val d’Or, a major gold mining centre in Northwestern Quebec [...]

Petrolympic Ltd. , wishes to announce that the Company has applied to the TSX Venture Exchange to extend the term of 1,818,182 common share purchase warrants originally issued on October 2, 2017. Subject to the approval of the TSXV, the expiry dates of the October 2017 Warrants will be extended as follows: Number of Warrants: 1,818,182 Original Expiry Date of Warrants: October 2, 2020 New Expiry Date of Warrants: October [...]