Petrolympic Ltd (TSE:PCQ) has released an update.
Petrolympic Ltd., a junior mining company, has successfully raised $400,000 through a private placement of 5 million common shares to fund exploration of its mineral properties in Quebec. The company also announced the grant of 850,000 stock options to a director at an exercise price of $0.10, set to expire in 2029. These funds will primarily support Petrolympic’s lithium and gold exploration initiatives in North America.
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