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September 15, 2017

Gen III Oil Corp. Reaches Purchase and Sale Agreement Estimated in Excess of $760MM with Elbow River Marketing Ltd.

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 14, 2017) – Gen III Oil Corp. (“Gen III” or the “Company“) (TSX VENTURE:GIII) is pleased to announce the signing of the Purchase and Sale Agreement (“PSA“) with Elbow River Marketing Ltd. (“Elbow River“), for the majority of Gen III’s finished products from our first re-refinery being constructed in Bowden, ...

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July 26, 2017

Gen III Oil Corp Announces Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 26, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Gen III Oil Corporation (“Gen III” or the “Company“) (TSX VENTURE:GIII) is pleased to announce that it has appointed Canaccord Genuity Corp. (the “Agent“) to sell, by way of a private placement ...

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June 19, 2017

Gen III Oil Corp. Announces Off-Take Marketing Agreement Letter of Intent With Elbow River Marketing Ltd. for 100% of Bowden Refinery Production

June 19, 2017 (Vancouver, British Columbia) Gen III Oil Corporation (“Gen III” or the “Company”) (TSX VENTURE:GIII) is pleased to announce the signing of a Letter of Intent (“LOI“) with Elbow River Marketing Ltd. (“Elbow River“), a wholly owned subsidiary of Parkland Fuel Corporation (“PFC“), for a five-year off-take marketing agreement for 100% of Gen ...

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May 23, 2017

Gen III Oil Corporation Announces Appointment of Chief Operating Officer

May 23, 2017 (Vancouver, British Columbia): Gen III Oil Corporation (the “Company”) (TSX-V: GIII) is pleased to announce the appointment of Angelo Battiston as Chief Operating Officer of the Company, effective June 1, 2017. Angelo Battiston is a highly effective technical leader with over 25 years’ experience leading large and small multidisciplinary teams. He has ...

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May 18, 2017

Gen III Oil Corporation Announces Grant of Stock Options

May 18, 2017 (Vancouver, British Columbia): Gen III Oil Corporation (the “Company”) (TSX-V: GIII) announces that it has granted an aggregate of 480,000 stock options to officers, employees and consultants to the Company. Each option will entitle the holder to purchase one common share of the Company at a price of $0.72 per share and ...

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May 15, 2017

PNG Gold Corporation Announces Name Change to Gen III Oil Corporation

May 15, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company”) (TSX-V: PGK) is pleased to announce that it has changed its name to Gen III Oil Corporation. Effective at the start of trading on May 16, 2017, the Company will commence trading on the TSX Venture Exchange under the new name and the new ...

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April 20, 2017

PNG Gold Completes Shares for Debt Settlement

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES April 20, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company”) (TSX-V: PGK) is pleased to announce that it has completed the shares for debt transaction announced on January 30, 2017, after receiving approval of the TSX Venture Exchange. Pursuant to the ...

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March 29, 2017

PNG Announces Conclusions Reached in the Engineering Reports and Corporate Direction

March 29, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company“) (TSX-V: PGK) previously announced that it had received pre-FEED engineering reports from Stantec Consulting Ltd. (“Stantec“) and WSP Canada (“WSP“). Those reports concluded that PNG’s ReGenTM re-refining technology process is technologically sound and, the quantity and quality of the re-refined products produced will be ...

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March 20, 2017

PNG Receives ReGenTM Technology Engineering Reports

March 20, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company“) (TSX-V: PGK) announces that it has received pre-FEED engineering reports from Stantec Engineering and WSP Canada. The reports were commissioned by the Company to review the ReGenTM re-refining technology process, as previously announced on November 10, 2016 and as updated on December 20, 2016. ...

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March 13, 2017

PNG Gold Closes $2.3M Financing

March 13, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company“) (TSX-V: PGK) wishes to announce that it has closed its previously announced non-brokered private placement of common shares (“Shares“) at a price of $0.30 per Share (the “Offering“). Under the Offering, the Company issued 7,682,500 Shares for gross proceeds of $2,304,750. All securities issued ...

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March 6, 2017

PNG Gold Announces $3M Financing

March 6, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company“) (TSX-V: PGK) wishes to announce a non-brokered private placement of up to 10,000,000 common shares (“Shares“) at a price of $0.30 per Share (the “Offering“). All securities issued under the Offering are subject to a four month hold period from the date of issuance. ...

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February 28, 2017

PNG Gold Announces Letter of Intent for Plant Site

February 28, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company” or “PNG“) (TSX-V: PGK) announces that it has entered into a letter of intent (“LOI”) for a Lease with Parkland Refining Limited (“Parkland“) for the portion of their property in Bowden, Alberta that is occupied by the existing processing plant, which includes access to ...

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February 9, 2017

PNG Gold Closes Final Tranche of $1.2M Financing

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES February 9, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company“) (TSX-V: PGK) announces that it has closed the final tranche of its non-brokered private placement as previously announced on November 29, 2016 and January 26, 2017 (the “Offering“). Under the final ...

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January 30, 2017

PNG Gold Proposes Shares for Debt and Grant of Options

January 30, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company”) (TSX-V: PGK) announces that it proposes to settle $345,576 in debt (“Debt”) in exchange for 2,032,797 common shares (the “Shares”) at a deemed price of $0. 17 per Share as follows: Creditor Debt Amount Number of Shares Nature of Debt John Detmold, director $150,000 ...

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January 26, 2017

PNG Gold Extends Private Placement and Increases to $1.2M

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES January 26, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company“) (TSX-V: PGK) announces that it is extending its non-brokered private placement as previously announced on November 29, 2016 (the “Offering“). The Company also wishes to announce that it is increasing the ...

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January 3, 2017

PNG Gold Announces Extension to Forbearance Agreement with VeroLube

January 3, 2017 (Vancouver, British Columbia): PNG Gold Corporation (the “Company“) (TSX-V: PGK) The Company announces that it has granted a limited 30-day extension to its forbearance agreement with VeroLube Inc. (“VeroLube“) (the “Forbearance Agreement“), previously announced by the Company on April 2, 2016. The extension, from December 31, 2016 to January 30, 2017, will ...

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