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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Financings

Petrolympic Announces Closing of Private Placement

By The Northwire Desk — AI Analysis Feb 18, 2026 · 07:30 PCQ · 0.09 Petrolympic Ltd.
PCQ · Price

Executive Summary

  • Petrolympic Ltd. closed a non‑brokered private placement of 5,195,000 units at $0.08 per unit, generating gross proceeds of $415,600.
  • Each unit includes one common share and one warrant to purchase an additional share at $0.18 for 24 months (accelerated if the share trades ≥ $0.30 for 30 consecutive days).
  • All securities are subject to a four‑month plus one‑day hold period under applicable securities laws.

Key Details

  • Units offered: 5,195,000
  • Price per unit: $0.08
  • Aggregate gross proceeds: $415,600
  • Unit composition: 1 common share + 1 warrant (exercise price $0.18, 24‑month term, acceleration clause).
  • Hold period: 4 months + 1 day from issuance date.
  • Use of proceeds: Not explicitly disclosed in the release; typical purposes include funding exploration activities on gold and lithium assets in Quebec and Ontario.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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