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 > Utica Ressources have won their lawsuit

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Comment by livermore2on Nov 15, 2021 9:01pm

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Post# 34129866

RE:RE:Utica Ressources have won their lawsuit

I am not a Lawyer but I would say this ruling is very favourable for PCQ and SQX. They have the largest conventional discovery in Quebec that does not require fracking. With this ruling, I believe they could request production permits under the current law. If Quebec wants to expropriate they'll have to pay considerably in my opinion.

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Advancing flagship Ishkõday Gold Project in Ontario