Petrolympic Announces Warrant Extension and Option Grant

Source Press Release
Company Petrolympic Ltd. 
Tags Strategy - Corporate
Date March 13, 2019

Petrolympic Ltd. (TSX-V: PCQ) (the “Company”), wishes to announce that the Company has applied to the TSX Venture Exchange (the “TSXV”) to extend the term of 1,818,182 common share purchase warrants originally issued on October 3, 2017.  Upon the approval of the TSXV, the expiry dates of the October 2017 Warrants will be extended as follows:

Number of Warrants:    1,818,182 
Original Expiry Date of Warrants:    April 3, 2019 
New Expiry Date of Warrants:    October 3, 2020 
Exercise Price of Warrants:    $0.25 

The Company also announces that a total of 850,000 options to purchase common shares of the Company have been granted to an officer at an exercise price of $0.10 per share, expiring on March 12, 2024. The grant is to replace options that expired in December 2018. The grant is subject to regulatory approval.

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