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Petrolympic Completes Evangeline Lake Gold Property Acquisition

Feb 03, 2022•over 3 years ago

Acquiring Company

Petrolympic

Acquired Company

Evangeline Lake Gold Property

Toronto

Description

Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to announce that the TSX Venture Exchange has accepted for filling the documentation pertaining to a purchase agreement dated November 16, 2021, between the Company and the vendors. Pursuant to this agreement, the Company will acquire three (3) Mining Claims covering 75 Ha (the “Property”) and located in the heart of the previously purchased Evangeline Lake gold property.

Company Information

Company

Petrolympic

Location

Toronto, Ontario, Canada

About

Petrolympic Ltd. (PCQ.V) is a Canadian junior oil and gas company actively exploring for premium light crude oil and natural gas in North America. The Company is presently focused on its near-term oil production 8,000+ acre asset in the prolific Maverick Basin of Texas, USA. The company also has assets located in the Utica Fairway of Quebec, Canada and holds 100% interest in exploration rights over 97,507 hectares (240 883 acres) and 30% interest in 36 exploration permits totaling 672 438 hectares (1 661 594 acres) in the Gaspé Peninsula and St. Lawrence Lowlands where shale oil and shale gas targets are abundant.

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