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 Petrolympic Ltd (PCQ.V)

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cvac01
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Number of posts : 253
Registration date : 2008-03-29

PostSubject: Re: Petrolympic Ltd (PCQ.V)   Fri Jul 04, 2008 1:16 am

Petrolympic Ltd. (PCQ)

As of July 2nd, 2008
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jul 02/08 Jun 23/08 Jacob, Andreas Direct Ownership Options 50 - Grant of options 400,000 $0.900
Jun 30/08 Jun 23/08 Ekstein, Mendel Israel Direct Ownership Options 50 - Grant of options 400,000 $0.900
Jun 26/08 Jun 16/08 Szweras, Adam Kelley Direct Ownership Options 50 - Grant of options 666,667 $0.900
Jun 26/08 Jun 16/08 Szweras, Adam Kelley Direct Ownership Options 00 - Opening Balance-Initial SEDI Report
Jun 26/08 Jun 16/08 Szweras, Adam Kelley Direct Ownership Common Shares 00 - Opening Balance-Initial SEDI Report
Jun 20/08 Jun 20/08 Ekstein, Brocha Direct Ownership Common Shares 10 - Acquisition in the public market 4,500 $0.817
Jun 20/08 Jun 18/08 Ekstein, Brocha Direct Ownership Common Shares 10 - Acquisition in the public market 11,000 $0.946
Jun 20/08 Jun 13/08 Ekstein, Brocha Direct Ownership Common Shares 10 - Acquisition in the public market 17,200 $0.977
Jun 13/08 Jun 04/08 Ekstein, Brocha Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $1.310
May 08/08 May 01/08 Ekstein, Brocha Direct Ownership Common Shares 10 - Acquisition in the public market 68,000 $0.235
- Amended Filing
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cvac01
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PostSubject: Re: Petrolympic Ltd (PCQ.V)   Fri Jun 27, 2008 7:39 am

June 27, 2008
Petrolympic Announces Grant of Stock Options and Appointment of Secretary and New Chief Financial Officer
TORONTO, ONTARIO--(Marketwire - June 27, 2008) - Petrolympic Ltd. (the "Company") (TSX VENTURE:PCQ) announced today a number of corporate additions.

Chief Financial Officer

The Company is pleased to announce that it has appointed Mr. Ernest Cleave as its new Chief Financial Officer to replace Mr. Harvey McKenzie who has resigned due to a limitation on his availability due to other commitments. The Company would like to thank Mr. McKenzie for his contribution during his tenure at the Company, and wishes him all the best in his future ventures.

Mr. Cleave is a senior financial professional with substantial experience in corporate strategy, financial planning and analysis, governance, regulatory reporting and compliance. He has an extensive background in the international mining industry, and directed corporate planning and analysis, treasury, internal control and regulatory compliance at Goldcorp Inc. Mr. Cleave held various financial positions with Bata Limited including Controller for Bata South Africa and CFO, Bata International - Africa region. Mr. Cleave began his career with PriceWaterhouseCoopers in 1993. Mr. Cleave's appointment is effective as of today.

Corporate Secretary

The Company is also pleased to announce that Adam Szweras, has been appointed Secretary of the Company, effective June 17, 2008. Mr. Szweras is a partner at Fogler, Rubinoff LLP, Toronto, Ontario, legal counsel to the Company, and is the Co-Chairman and founder of Foundation Markets Inc., a Toronto Investment Bank which acted as the financial advisor to the Company assign in its previous financing and listing. Mr. Szweras joined Fogler, Rubinoff LLP in 2006, and prior thereto practiced securities and corporate law with another major Canadian firm. Prior to that he was the managing partner of a prominent Bay Street securities law boutique where he represented public issuers and investment dealers. His legal practice and investment bank activities have been focused on corporate finance and going public transactions.

Incentive Stock Options

In connection with his appointment as Secretary, the Company has granted to Mr. Szweras incentive stock options for the purchase of a total of 666,667 common shares of the Company at a price of $0.90 each until June 16, 2013. In addition, the Company has also granted to certain directors and officers incentive stock options for the purchase of a total of 800,000 common shares of the Company at a price of $0.90 each until June 23, 2013. The options are being granted pursuant to the terms of the Company's stock option plan.

About Petrolympic Ltd.

Petrolympic Ltd. is a junior oil and gas company that is actively exploring for premium light crude oil and natural gas in Quebec, Canada. The company combines significant land positions, promising geology, systematic exploration, accessible infrastructure, and experienced management.

Prior to the completion of the previously announced transaction with Ressource & Energie Squatex inc. ("Squatex") (originally announced by press release dated May 15, 2008), pursuant to which Petrolympic will acquire a 30% legal and beneficial interest in 36 exploration permits totaling 672,438 hectares in the St. Lawrence Lowlands, Bas St-Laurent and Gaspe Peninsula in Quebec, Petrolympic holds more than 113,906 hectares (281,468 acres) of oil and gas exploration permits in the Appalachian Basin of Quebec that include holdings in the Gaspe Peninsula and in the southern part of the St. Lawrence Lowlands. This is a largely unexplored region whose international profile in the oil and gas sector is dramatically rising as a result of improved understanding of regional geology, close and easy proximity to markets, proven hydrocarbons, and geopolitical stability.

FORWARD-LOOKING STATEMENTS

This press release includes certain "forward-looking information" within the meaning of the Securities Act (Ontario), including, but not limited to, statements as to timing and extent of exploration programs and the availability of exploration results. As such, forward-looking information addresses future events and conditions and so involves inherent risks and uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in Petrolympic documents filed from time to time with the Ontario Securities Commission and other regulatory authorities. Actual results could differ significantly from those currently projected as a result of, among those factors, adverse weather, regulatory changes, delays in receiving permits, accidents and delays in completing exploration activities not all of which are in the control of Petrolympic. The forward-looking information contained herein is Petrolympic's reasonable estimate today of future events and conditions, but no assurance can be given that such events or conditions will occur. The reader is cautioned not to rely on these forward-looking statements. Petrolympic disclaims any obligation to update these forward-looking statements.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.
CONTACT INFORMATION:
Investor Relations:
Evolution Group Inc.
Sylvain Archambault
514-448-4887 or Toll free: 866-703-4887
s.archambault@evolutiongrp.com
www.evolutiongrp.com
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cvac01
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PostSubject: Re: Petrolympic Ltd (PCQ.V)   Thu Jun 12, 2008 12:31 am

June 11, 2008
Petrolympic Ltd. Retains Evolution Group Inc. to Implement its Financial Communications & IR Programs
MONTREAL, QUEBEC--(Marketwire - June 11, 2008) - Petrolympic Ltd. ("Petrolympic" or the "Company")(TSX VENTURE:PCQ) is pleased to announce that it has retained the services of Evolution Group Inc. ("Evolution Group") to assist the Company in designing and implementing its Financial Communications & Investor Relations programs.

Evolution Group is a well-known financial communications firm with a working approach that consists of designing and implementing comprehensive, reliable communication strategies. The experience and know-how of its members in the area of securities and financial communications allows Evolution Group to oversee and to represent public companies in their day-to-day stock market activities.

"Given the potential of Petrolympic, the time has come to prepare for timely communication to a wider audience of the promising future of our company and we feel very confident that Evolution Group will assist us in communicating our progress in a very efficient and professional manner," said Mendel Ekstein, President and CEO of the Company.

In his comments, Sylvain Archambault, President of Evolution Group, said: "We are pleased to have been selected by Petrolympic to represent the Company to the financial community. We believe that Petrolympic is a business enterprise with great potential, thanks to the quality of its projects and of its highly regarded executives. We are confident of our ability to help Petrolympic increase their visibility by setting up and implementing a communications plan that will reflect that potential."

In consideration of the services rendered, Petrolympic will pay a monthly fee of $3,500 for a 12 months term.

Evolution does not hold any interest, direct or indirect, in the Company or its securities, or any right or intent to acquire such an interest.

Petrolympic is also pleased to announce that it has retained Advent Management Inc. ("Advent") to provide consulting services in corporate and capital market strategies and institutional liaison mandate. In consideration of the services rendered, Petrolympic will pay Advent upon delivery of the "Corporate & Capital Markets Strategic" plan to the Company the sum of $6,500. In addition, Petrolympic will pay a monthly fee of $1,000 for a 12 months term.

About Petrolympic Ltd.

Petrolympic Ltd. is a junior oil and gas company that is actively exploring for premium light crude oil and natural gas in Quebec, Canada. The company combines significant land positions, promising geology, systematic exploration, accessible infrastructure, and experienced management.

Petrolympic currently holds more than 113,906 hectares (281,468 acres) of oil and gas exploration permits in the Appalachian Basin of Quebec that include holdings in the Gaspe Peninsula and in the southern part of the St. Lawrence Lowlands. This is a largely unexplored region whose international profile in the oil and gas sector is dramatically rising as a result of improved understanding of regional geology, close and easy proximity to markets, proven hydrocarbons, and geopolitical stability.
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PostSubject: Petrolympic Ltd (PCQ.V)   Wed Jun 04, 2008 8:37 am

Petrolympic to Acquire a 30% Interest in All Squatex Properties

Last Update: 5/15/2008 5:45:42 PM

MONTREAL, QUEBEC, May 15, 2008 (Marketwire via COMTEX) -- Petrolympic Ltd. ("Petrolympic" or the "Company") (PCQ) is pleased to announce that it has entered into a binding letter of agreement (the "Agreement") with Ressource & Energie Squatex inc. ("Squatex") pursuant to which Petrolympic will acquire a 30% legal and beneficial interest in 36 exploration permits totaling 672,438 hectares in the St. Lawrence Lowlands, Bas St-Laurent and Gaspe Peninsula in Quebec (the "Transaction").
Upon signing of the Agreement, Petrolympic made an initial payment of $500,000 to Squatex in order to cover certain outstanding payments on the permits.
In order to complete the acquisition of the interest in the Squatex properties, Petrolympic is required to make additional cash payments of $1,000,000 on June 30, 2008 and $1,000,000 on July 31, 2008, with $1.8 million of such funds to be used for exploration of the properties and $200,000 made available to Squatex for its working capital. If Petrolympic does not make these payments for any reason, it will convert the initial $500,000 payment to an 8% equity interest in Squatex.
The Transaction remains subject to Petrolympic's satisfactory due diligence.
Petrolympic Ltd.
Prior to completion of the Transaction, Petrolympic holds more than 113,906 hectares (281,468 acres) of oil and gas exploration permits in the Appalachian Basin of Quebec that include holdings in the Gaspe Peninsula and in the southern part of the St. Lawrence Lowlands. The Gaspe block of exploration permits totals 40,885 hectares located between Rimouski and Matane in the Province of Quebec immediately southwest of Lake Matapedia. The St. Lawrence Lowlands Block of exploration permits is located on the south shore of the St. Lawrence directly south of Valleyfield less than 30 kilometers southwest of Montreal in the Province of Quebec.
FORWARD-LOOKING STATEMENTS
This press release includes certain "forward-looking information" within the meaning of the Securities Act (Ontario), including, but not limited to, statements as to timing and extent of exploration programs and the availability of exploration results. As such, forward-looking information addresses future events and conditions and so involves inherent risks and uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in Petrolympic documents filed from time to time with the Ontario Securities Commission and other regulatory authorities. Actual results could differ significantly from those currently projected as a result of, among those factors, adverse weather, regulatory changes, delays in receiving permits, accidents and delays in completing exploration activities not all of which are in the control of Petrolympic. The forward-looking information contained herein is Petrolympic's reasonable estimate today of future events and conditions, but no assurance can be given that such events or conditions will occur.
SOURCE: Petrolympic Ltd. Petrolympic Ltd.
Mendel Ekstein
Email: exis@petrolympia.com

Copyright (C) 2008 Marketwire. All rights reserved

--------------------------------------------------------------

Petrolympic Announces Non-Brokered Private Placement


Last Update: 5/22/2008 3:27:07 PM


TORONTO, ONTARIO, May 22, 2008 (MARKET WIRE via COMTEX) -- Petrolympic Ltd. (the "Company") (PCQ) is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") of up to 2,500,000 units of the Corporation (the "Units") at a price of $1.00 per Unit for aggregate gross proceeds of up to $2,500,000. Each Unit will consist of one common share of the Corporation (a "Unit Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one common share ("a "Warrant Share") at a price of $1.40 per Warrant Share for a period of 18 months.
The securities sold under the Private Placement will be subject to restrictions on resale for a period of 4 months from the date of closing.
Proceeds of the Private Placement will be used to complete the acquisition (originally announced by press release dated May 15, 2008) from Ressource & Energie Squatex inc. of a 30% legal and beneficial interest in 36 exploration permits totaling 672,438 hectares in the St. Lawrence Lowlands, Bas St-Laurent and Gaspe Peninsula in Quebec (the "Transaction") and general corporate purposes.
The issuance of the Units and listing of the Unit Shares and the Warrant Shares pursuant to the Private Placement is subject to the TSX Venture Exchange approval.
Petrolympic Ltd.
Prior to completion of the Transaction, Petrolympic holds more than 113,906 hectares (281,468 acres) of oil and gas exploration permits in the Appalachian Basin of Quebec that include holdings in the Gaspe Peninsula and in the southern part of the St. Lawrence Lowlands. The Gaspe block of exploration permits totals 40,885 hectares located between Rimouski and Matane in the Province of Quebec immediately southwest of Lake Matapedia. The St. Lawrence Lowlands block of exploration permits totals 73,021 hectares and is located on the south shore of the St. Lawrence River directly south of Valleyfield at less than 30 kilometres southwest of Montreal in the Province of Quebec.
FORWARD-LOOKING STATEMENTS
This press release includes certain "forward-looking information" within the meaning of the Securities Act (Ontario), including, but not limited to, statements as to timing and extent of exploration programs and the availability of exploration results. As such, forward-looking information addresses future events and conditions and so involves inherent risks and uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in Petrolympic documents filed from time to time with the Ontario Securities Commission and other regulatory authorities. Actual results could differ significantly from those currently projected as a result of, among those factors, adverse weather, regulatory changes, delays in receiving permits, accidents and delays in completing exploration activities not all of which are in the control of Petrolympic. The forward-looking information contained herein is Petrolympic's reasonable estimate today of future events and conditions, but no assurance can be given that such events or conditions will occur.
The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy and accuracy of this release. Contacts:
Petrolympic Ltd.
Mendel Ekstein
Email: exis@petrolympia.com

SOURCE: Petrolympic Ltd. mailto:exis@petrolympia.com

Copyright 2008 Market Wire, All rights reserved
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