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Petrolympic Ltd V.PCQ

Alternate Symbol(s):  PCQRF

Energy Oil & Gas E&P
Petrolympic Ltd. is a Canada-based gold and lithium mining company. The Company is focused on its lithium exploration assets in the James Bay region, Basserode and Fourniere in Abitibi region as well as its gold exploration assets at Vauquelin and Rayon d’Or in the Val d’Or region, all in the Province of Quebec, Canada. The Li-1 and Li-2 Properties are in the James Bay - Eeyou Itschee area, approximately 125 kilometers (km) north of the town of Chibougamau. The Basserode and Fourniere Lithium Properties are in the Abitibi-Temiscamingue region, southwest of the Val d’Or mining camp, Quebec. Belcourt Property consists of 125 claims distributed in four blocks (Belcourt North, South, Central and West blocks), all proximal to one another and covering a total of 5,479 hectares. Its Rayon d’Or and Vauquelin Gold Properties are located within a gold mining camp in Northwestern Quebec. The Company also owns St. Lawrence Lowlands, Gaspe and Evangeline Lake Property.


TSXV:PCQ - Post by User

Petrolympic Ltd
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Post by tentongoldon Jun 25, 2008 9:10am
198 Views
Post# 15225965

NEWS RELEASE

NEWS RELEASE
FOR SOME THAT HAVE MISSED IT OR DON'T UNDERSTAND.

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Petrolympic 2.5-million-share private placement

2008-06-24 16:39 ET - Private Placement

TheTSX Venture Exchange has accepted for filing documentation with respectto a non-brokered private placement announced May 22, 2008.

Number of shares: 2.5 million shares

Purchase price: $1 per share

Warrants:2.5 million share purchase warrants to purchase 2.5 million shares

Warrant exercise price: $1.40 for an 18-month period

Hidden placees: Two


-THE WORDS "VALUE ADDED NEWS" MEAN EXACTLY THAT...NEWS!
-THE WORDS "HAS ACCEPTED FOR FILING" POINTS TO THE CLOSING,,,(WHY WOULD THE EXCHANGE ACCEPT DOCUMENTATION FOR FILING OTHERWISE?)
-THE OPENING LINE IS THE ACCEPTANCE BY THE VENTURE EXCHANGE OF THE CLOSED PP ARRANGEMENT
,,,,NOTHINGIS WRITTEN IN STONE THAT THE WORD "CLOSED" MUST BE INCLUDED BY THEVENTURE EXCHANGE IN FILING A CLOSED PP ARRANGEMENT.

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