2017.03.17

Pétrolia Inc. closes a private placement in the amount of $940,000

Québec, March 17, 2017: Pétrolia Inc. (PEA-TSXV) (“Pétrolia” or the “Corporation”) is pleased to announce that it has closed a private placement. The Corporation has issued an aggregate of 5,222,223 “flow-through” shares at a price of $0.18 per share for gross proceeds of $940,000.14. 

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2017.03.17

Pétrolia Inc. closes a private placement in the amount of $940,000

Québec, March 17, 2017: Pétrolia Inc. (PEA-TSXV) (“Pétrolia” or the “Corporation”) is pleased to announce that it has closed a private placement. The Corporation has issued an aggregate of 5,222,223 “flow-through” shares at a price of $0.18 per share for gross proceeds of $940,000.14. 

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2016.12.23

Drilling of Bourque 1 and 3 has been completed and production tests will follow

Quebec, December 23, 2016: Pétrolia (PEA-TSXV) confirms that the most recent step in the process of verifying the presence of resources on the Bourque property, namely the re-entry and completion of Bourque 1 as well as additional drilling (Bourque HZ No 3) was completed on time and within the budget. This drilling revealed the presence of gas and oil in the Forillon formation. 

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2016.12.12

Adoption of Bill 106: Stability for the Industry

Quebec, December 12, 2016: Pétrolia (PEA-TSXV) wishes to highlight the adoption of Bill 106: law regarding the implementation of the 2030 Energy Policy and amending various legislative provisions adopted at the National Assembly. The adoption of this bill concludes the debate on the lack of regulatory oversight of our activities and returns stability and certainty to the oil industry in Quebec.

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