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.

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Petrolympic Ltd

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Comment by livermore2on Mar 25, 2017 10:00am

97 Views

Post# 26030093

RE:RE:News

Totally wish PCQ management was more transparent with us shareholders (especially those of us here for the long term). With this being said, I am okay with this news as it seems to be constructed to appease the holders of the March 2017 warrants which recently expired. At least with this move the dilution is cut by more than half and I do like the acceleration clause for steady share price above 40 cents which I beleive we will see in the coming weeks. There should be a plethora of news coming out shortly with Squatex (IPO), Petrolia (Bourque) & Junex (Galt). There potentially may be some news on Tuesday with the release of the Quebec budget.

GLTA Longs - our patience is soon to be rewarded!

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