Petrolympic Ltd. , wishes to announce that the Company has applied to the TSX Venture Exchange to extend the term of 1,300,000 common share purchase warrants originally issued on March 23, 2017. Upon the approval of the TSXV, the expiry dates of the March 2017 Warrants will be extended as follows: Number of Warrants: 1,300,000 Original Expiry Date of Warrants: March 23, 2017 New Expiry Date of Warrants: March 23, 2022 [...]
The management of Petrolympic Inc. , in conjunction with its partner Squatex Energy and Resources Inc. announces that, through its attorneys, a lawsuit against the Quebec Government was filed in Superior Court, Quebec Judicial District. Through this procedure, Petrolympic and its partner are asking the Minister of Energy and Natural Resources to return the annual fees it has collected without having the right to do so [...]
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 3, 2017. Upon 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: April 3, 2019 New Expiry Date of Warrants: October 3, 2020 [...]
Petrolympic Ltd. is pleased to announce the closing of a non-brokered private placement , consisting of 1,153,846 units at a price of $0.13 per Unit to raise aggregate gross proceeds of $150,000. 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 $0.25 per share for a period of 20 months from closing, subject [...]
TORONTO, May 29, 2018 -- Petrolympic Ltd. announces that a total of 4,550,000 options to purchase common shares of the Company have been granted to directors and officers of the Company at an exercise price of $0.105 per share, expiring on May 28, 2023. The closing price of the Company's common shares on May 28, 2018 was $0.105. These options vest quarterly in equal amounts over 12 months from issuance and are granted [...]
Petrolympic is pleased to announce the closing of a non-brokered private placement, consisting of 1,818,182 units at a price of $0.165 per Unit to raise aggregate gross proceeds of $300,000. 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 $0.25 per share for a period of 18 months from closing, subject to [...]
Petrolympic Ltd. ("Petrolympic" or the "Company") (TSX.V: PCQ, OTCQB: PCQRF) acknowledges that an important mile step has been accomplished by the Ministry of Energy and Natural Resources of Quebec who published, on Sept. 20, 2017, the draft regulations to govern oil and natural gas activities. Petrolympic considers that the Quebec government is sending a strong message in releasing these regulations, confirming its will [...]
TORONTO, ONTARIO--(Marketwired - Jun 2, 2017) - Petrolympic Ltd. (TSX VENTURE:PCQ) (the "Company") announces that a total of 1,100,000 options to purchase common shares of the Company have been granted to directors and officers at an exercise price of $0.12 per share, expiring on May 30th, 2022. The grant is to replace options that expired on April 24th, 2017. The grant is subject to regulatory approval. For further [...]
Petrolymic is pleased to announce the closing of a non-brokered private placement, consisting of 1,300,000 units at a price of $0.135 per Unit to raise aggregate gross proceeds of $175,500. 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 $0.25 per share for a period of 36 months from closing, subject to [...]
Toronto, Ontario--(Newsfile Corp. - December 12, 2016) - Mendel Ekstein, Petrolympic Ltd. (TSXV: PCQ) (OTCQB: PCQRF) President and CEO, has just released the following statement: Petrolympic management is pleased that the Quebec National Assembly passed Bill 106 on December 10, 2016, An Act to implement the 2030 Energy Policy and amend various legislative provisions. Bill 106 includes the new Petroleum Resources Act [...]
Brossard, Quebec--(Newsfile Corp. - May 17, 2016) - Ressources & Energy Squatex ( "Squatex" or the "Company") and its partner Petrolympic Ltd. (TSXV: PCQ) (OTCQB: PCQRF) ("Petrolympic") are pleased to announce the results of a major reassessment of resources for the eastern part the Massé structure performed independently by Sproule Associates Limited ("Sproule"). The Massé structure is located in the Lower St. Lawrence permits, some 25 km southeast of Mont-Joli, in the Appalachian Basin of Quebec. Squatex owns a 70% interest in 656,093 hectares (1,621,241 acres) of exploration permits in Quebec over which it is the operator under a joint operation agreement with Petrolympic (30%). The resources reassessment... [...]
TORONTO, ONTARIO--(Marketwired - Mar 11, 2016) - Further to the announcement yesterday by Petrolympic Ltd. (TSX VENTURE:PCQ) (the "Company"), the Company has now received the consent of the TSX Venture Exchange (the "TSXV") to extend the term of 6,300,000 common share purchase warrants originally issued on February 13, 2014 (the "February 2014 Warrants") and 2,470,666 common share purchase warrants originally issued on [...]