Petrolympic Ltd. announced a non-brokered private placement of 3,333,330 flow-through common shares at an issue price of CAD 0.06 per FT share for aggregate gross proceeds of CAD 199,999.8 on December 28, 2023. The company paid finder's commissions of an aggregate of CAD 5,999.99 and issued an aggregate of 199,999 finder's shares at CAD 0.05 per finder?s share. The securities issued under the Offering have a hold period of four months and one day from the date of issuance.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from two placees.