Petrolympic Announces Closing of Private Placement of Flow-Through Common Shares

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Dec 28 2011	Petrolympic Announces Closing of Private Placement of Flow-Through Common Shares
TORONTO, ONTARIO--(Marketwire - Dec. 28, 2011) - Petrolympic Ltd. (TSX VENTURE:PCQ) ("Petrolympic" or the "Company") is pleased to announce the Company has closed a private placement offering (the "Offering") of 1,621,000 flow-through common shares of the Company (the "FT Shares") at a price of $0.17 per FT Share for a total of $275,570. The FT Shares are subject to a four month plus a day hold period pursuant to applicable securities and regulatory law.


Source:http://www.marketwire.com/mw/release.do?id=1602248&sourceType=3

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