Petrolympic Concludes Private Placement Offering

Petrolympic Ltd. has finalized a non-brokered private placement, raising gross proceeds of $415,600. This offering involved 5,195,000 units at $0.08 each. Each unit includes one common share and one purchase warrant. The warrant allows the purchase of an additional share at $0.18 within 24 months, pending share trading conditions.

Securities from this offering are under a four-month plus one day hold period. Petrolympic, a Canadian mining company, focuses on gold and lithium assets in Quebec and Ontario. Its key properties, Rayon d'Or and Belcourt, have shown promising exploration results, with significant gold occurrences identified.

Petrolympic's other properties include lithium deposits in James Bay and gold prospects in Ontario. The company remains committed to exploring these strategically positioned assets for long-term value creation.