Olympus Announces Re-Filing of Continuous Disclosure Documents

- July 16th, 2010

Olympus Pacific Minerals Inc. (TSX:OYM)(ASX:OYM)(OTCBB:OLYMF)(FRANKFURT:OP6) announced today that it has filed restated financial statements, restated management discussion and analysis as well as certifications of the Chief Executive Officer and the Chief Financial Officer for the 6 month period ended June 30, 2009 and the financial year ended December 31, 2009.

Olympus Pacific Minerals Inc. (TSX:OYM)(ASX:OYM)(OTCBB:OLYMF)(FRANKFURT:OP6) announced today that it has filed restated financial statements, restated management discussion and analysis as well as certifications of the Chief Executive Officer and the Chief Financial Officer for the 6 month period ended June 30, 2009 and the financial year ended December 31, 2009.

The press release is quoted as saying:

The Company also re-filed Form 20-F (the “2008 Form 20-F”) for the financial year ended December 31, 2008. at the request of the United States Securities Exchange Commission (“SEC”). The Corporate Finance branch of the Ontario Securities Commission has recently selected Olympus for an issue oriented review of its continuous disclosure record to assess compliance with certification requirements outlined in National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Fillings (NI 52-109 or Certification Instrument which came into effect December 15, 2008).

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