Petrolympic 8,770,666-share private placement

2014-02-10 18:15 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 13, 2014.

Number of shares:  8,770,666 shares

Purchase price:  15 cents per share

Warrants:  8,770,666 share purchase warrants to purchase 8,770,666 shares

Warrant exercise price:  25 cents for an 18-month period

Number of placees:  11 placees

Finders' fees:  A total of 877,066 compensation options, each exercisable at a price of 15 cents for a period of 18 months into one common share and one warrant with the same terms as above, payable to Saul Fixler, Hanna Brach and Miraiam Wider

Company Fact Sheet

Corporate Presentation 2015