Latest Petrolympic Ltd (PCQRF) Headlines
Petrolympic Announces Closing of Second and Final Tranche of Non-Brokered Private Placement
Marketwire - Fri Feb 07, 4:01PM CST
Petrolympic Ltd. (TSX VENTURE: PCQ) (the "Company") is pleased to announce that it has completed the second and last tranche of a non-brokered private placement (the "Private Placement"). The Company issued 2,470,666 units of the Corporation (the "Units") at a price of $0.15 per Unit for aggregate gross proceeds of $370,600. Each Unit consists of one common share of the Corporation (a "Unit Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share (a "Warrant Share") at a price of $0.25 per Warrant Share for a period of 18 months from the date of issuance (the "Expiry Time"). In the event that the common shares of the Company trade at or above $0.35 for a period of thirty (30) consecutive trading days at any time prior to the Expiry Time, the Company may accelerate the Expiry Time by giving at least thirty (30) days prior written notice (the "Notice") to the warrant holders, and in such a case the Warrants shall expire on the 30th day after the date on which such Notice is delivered by the Company or such later expiry date set out in the Notice (the "Acceleration Clause"). Compensation Options were also issued to certain finders. The finders received 373,066 compensation options ("Compensation Options"), each Compensation Option being exercisable into one Unit within 18 months of closing, subject to the Acceleration Clause, at an exercise price of $0.15.
Petrolympic Announces Closing of First Tranche of Non-Brokered Private Placement
Marketwire - Mon Jan 13, 4:01PM CST
Petrolympic Ltd. (TSX VENTURE: PCQ) (the "Company") is pleased to announce that it has completed the first tranche of a non-brokered private placement (the "Private Placement"). The Company issued 6,300,000 units of the Corporation (the "Units") at a price of $0.15 per Unit for aggregate gross proceeds of $945,000. Each Unit consists of one common share of the Corporation (a "Unit Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share ("a "Warrant Share") at a price of $0.25 per Warrant Share for a period of 18 months from the date of issuance (the "Expiry Time"). In the event that the common shares of the Company trade at or above $0.35 for a period of thirty (30) consecutive trading days at any time prior to the Expiry Time, the Company may accelerate the Expiry Time by giving at least thirty (30) days prior written notice (the "Notice") to the warrant holders, and in such a case the Warrants shall expire on the 30th day after the date on which such Notice is delivered by the Company or such later expiry date set out in the Notice (the "Acceleration Clause").
Petrolympic Announces Grant of Options
Marketwire - Mon Dec 09, 3:17PM CST
Petrolympic Ltd. (TSX VENTURE: PCQ) (the "Company") announces that a total of 850,000 options to purchase common shares of the Company have been granted to a director and officer at an exercise price of $0.15 per share, expiring on December 9, 2018. The grant is subject to regulatory approval.
Discovery of a Natural Gas Reservoir in the Lower St Lawrence Region
Marketwire - Mon Dec 09, 8:03AM CST
J.A.G. Mines Ltd. (TSX VENTURE: JML) and its subsidiary, Olitra Inc., wish to emphasize the strategic importance to Quebec of the discovery of the first conventional natural gas field in the Lower St Lawrence region. The discovery recently announced by the company Petrolympic Ltd., a partner company of Resources and Energy Squatex, has just demonstrated the hydrocarbon potential of this under-explored part of the Quebec Appalachians.
Petrolympic Ltd.: Discovery of a Conventional Natural Gas Reservoir in the Lower St. Lawrence Area
Marketwire - Tue Nov 19, 12:21PM CST
Petrolympic Ltd. ("Petrolympic" or the "Company") (TSX VENTURE: PCQ) is pleased to announce the discovery of a conventional reservoir of natural gas on its joint venture property in the Lower St. Lawrence area (the "Property") located in the Appalachian Basin of Quebec, which was announced by the Operator, Ressources & Energie Squatex Inc., ("Squatex") in its press release dated November 15, 2013 (see www.sedar.com). The Company holds an interest in 217,370 hectares (536,941 acres) of the Property through a joint venture with Squatex.
IIROC Trade Resumption - Petrolympic Ltd.
Newsfile Corp - Fri Nov 15, 1:29PM CST
Trading resumes in:
IIROC Trade Halt - Petrolympic Ltd.
Newsfile Corp - Fri Nov 15, 10:45AM CST
The following issues have been halted by IIROC:
Petrolympic Completes First Tranche of Non-Brokered Private Placement
Marketwire - Fri Jul 05, 12:58PM CDT
Petrolympic Ltd. (TSX VENTURE: PCQ) (the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Private Placement"), pursuant to which it has issued 2,578,000 units of the Corporation (the "Units") at a price of $0.06 per Unit for aggregate gross proceeds of $154,680. Each Unit consists of one common share of the Corporation (a "Unit Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share ("a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 20 months from the date of issuance (the "Expiry Time"). In the event that the common shares of the Company trade at or above $0.20 for a period of thirty (30) consecutive trading days at any time prior to the Expiry Time, the Company may accelerate the Expiry Time by giving at least thirty (30) days prior written notice (the "Notice") to the warrant holders, and in such a case the Warrants shall expire
Petrolympic Announces Closing of Second and Final Tranche of Non-Brokered Private Placement
Marketwire - Fri Feb 07, 4:01PM CST
Petrolympic Ltd. (TSX VENTURE: PCQ) (the "Company") is pleased to announce that it has completed the second and last tranche of a non-brokered private placement (the "Private Placement"). The Company issued 2,470,666 units of the Corporation (the "Units") at a price of $0.15 per Unit for aggregate gross proceeds of $370,600. Each Unit consists of one common share of the Corporation (a "Unit Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share (a "Warrant Share") at a price of $0.25 per Warrant Share for a period of 18 months from the date of issuance (the "Expiry Time"). In the event that the common shares of the Company trade at or above $0.35 for a period of thirty (30) consecutive trading days at any time prior to the Expiry Time, the Company may accelerate the Expiry Time by giving at least thirty (30) days prior written notice (the "Notice") to the warrant holders, and in such a case the Warrants shall expire on the 30th day after the date on which such Notice is delivered by the Company or such later expiry date set out in the Notice (the "Acceleration Clause"). Compensation Options were also issued to certain finders. The finders received 373,066 compensation options ("Compensation Options"), each Compensation Option being exercisable into one Unit within 18 months of closing, subject to the Acceleration Clause, at an exercise price of $0.15.
Petrolympic Announces Closing of First Tranche of Non-Brokered Private Placement
Marketwire - Mon Jan 13, 4:01PM CST
Petrolympic Ltd. (TSX VENTURE: PCQ) (the "Company") is pleased to announce that it has completed the first tranche of a non-brokered private placement (the "Private Placement"). The Company issued 6,300,000 units of the Corporation (the "Units") at a price of $0.15 per Unit for aggregate gross proceeds of $945,000. Each Unit consists of one common share of the Corporation (a "Unit Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share ("a "Warrant Share") at a price of $0.25 per Warrant Share for a period of 18 months from the date of issuance (the "Expiry Time"). In the event that the common shares of the Company trade at or above $0.35 for a period of thirty (30) consecutive trading days at any time prior to the Expiry Time, the Company may accelerate the Expiry Time by giving at least thirty (30) days prior written notice (the "Notice") to the warrant holders, and in such a case the Warrants shall expire on the 30th day after the date on which such Notice is delivered by the Company or such later expiry date set out in the Notice (the "Acceleration Clause").
Petrolympic Announces Grant of Options
Marketwire - Mon Dec 09, 3:17PM CST
Petrolympic Ltd. (TSX VENTURE: PCQ) (the "Company") announces that a total of 850,000 options to purchase common shares of the Company have been granted to a director and officer at an exercise price of $0.15 per share, expiring on December 9, 2018. The grant is subject to regulatory approval.
Discovery of a Natural Gas Reservoir in the Lower St Lawrence Region
Marketwire - Mon Dec 09, 8:03AM CST
J.A.G. Mines Ltd. (TSX VENTURE: JML) and its subsidiary, Olitra Inc., wish to emphasize the strategic importance to Quebec of the discovery of the first conventional natural gas field in the Lower St Lawrence region. The discovery recently announced by the company Petrolympic Ltd., a partner company of Resources and Energy Squatex, has just demonstrated the hydrocarbon potential of this under-explored part of the Quebec Appalachians.
Petrolympic Ltd.: Discovery of a Conventional Natural Gas Reservoir in the Lower St. Lawrence Area
Marketwire - Tue Nov 19, 12:21PM CST
Petrolympic Ltd. ("Petrolympic" or the "Company") (TSX VENTURE: PCQ) is pleased to announce the discovery of a conventional reservoir of natural gas on its joint venture property in the Lower St. Lawrence area (the "Property") located in the Appalachian Basin of Quebec, which was announced by the Operator, Ressources & Energie Squatex Inc., ("Squatex") in its press release dated November 15, 2013 (see www.sedar.com). The Company holds an interest in 217,370 hectares (536,941 acres) of the Property through a joint venture with Squatex.
IIROC Trade Resumption - Petrolympic Ltd.
Newsfile Corp - Fri Nov 15, 1:29PM CST
Trading resumes in:
IIROC Trade Halt - Petrolympic Ltd.
Newsfile Corp - Fri Nov 15, 10:45AM CST
The following issues have been halted by IIROC:
Petrolympic Completes First Tranche of Non-Brokered Private Placement
Marketwire - Fri Jul 05, 12:58PM CDT
Petrolympic Ltd. (TSX VENTURE: PCQ) (the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Private Placement"), pursuant to which it has issued 2,578,000 units of the Corporation (the "Units") at a price of $0.06 per Unit for aggregate gross proceeds of $154,680. Each Unit consists of one common share of the Corporation (a "Unit Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share ("a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 20 months from the date of issuance (the "Expiry Time"). In the event that the common shares of the Company trade at or above $0.20 for a period of thirty (30) consecutive trading days at any time prior to the Expiry Time, the Company may accelerate the Expiry Time by giving at least thirty (30) days prior written notice (the "Notice") to the warrant holders, and in such a case the Warrants shall expire
