Olympic Resources Ltd. announced that Mr. Balbir Johal is stepping down as the President, CEO and Director of Olympic, along with Mr. Elston Johnston who is resigning as a Director. Olympic announced that Mr. Dean Nawata has accepted the position of President, CEO and Director of the company. Mr. Nawata has over 18 years of capital market experience, nine of which he spent as a licensed stockbroker focusing on financing of junior mining and oil/gas projects with Nesbitt Burns, Research Capital and, most recently, Raymond James. Mr. Nawata is currently a Business Development Consultant to 49 North Resources Inc. Olympic announced the appointment of Mr. John Kiernan P.Eng., MBA, to the Board of Directors. Mr. Kiernan is a mining engineer with more than 25 years mine operating, engineering, corporate and financial experience. Mr. Kiernan is currently the Manager Project Evaluation for Quadra FNX/KGHM International, prior to which he was the mining analyst for PI Financial Corp.