2020/08/26 – PIERIDAE HIRES EXPERIENCED SVP TO LEAD ITS GOLDBORO LNG PROJECT

CALGARY, ALBERTA – August 26, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) is pleased to announce it has engaged veteran LNG industry professional Andy Mukherjee P.Eng. as Senior Vice-President LNG to lead the development of its multi-billion-dollar Goldboro LNG Project. Mr. Mukherjee has worldwide expertise in front-end engineering and design; detailed engineering, procurement, contracts, construction, and commissioning (“EPCC”); including module fabrication and construction related to mega LNG projects and oil and gas in North America and overseas.

Mr. Mukherjee officially joins Pieridae August 27, 2020.

“We are very pleased to have someone with Andy’s vast, 30-plus years of experience join our team and lead the development of our Goldboro LNG Project,” said Pieridae CEO Alfred Sorensen. “Andy has worked on modular design and execution of four major global LNG projects: Qatargas NFE LNG, Cameron LNG, INPEX-Ichthys LNG and British Gas QCLNG. His contribution to modularization in Canada is well recognized, and, he has significant exposure to major module yards in Asia.

“I have every confidence Andy will lead Goldboro LNG through the open book estimate and deliver a lump sum turnkey EPCC contract for the Project to prepare us for a positive final investment decision next year,” concluded Sorensen.

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2020/08/12 – PIERIDAE ANNOUNCES SECOND QUARTER RESULTS

Solid Results During Ongoing Pandemic & Challenging Market Conditions

Highlights:

• Revenue of $68.6 million in Q2 2020, an increase of $55.2 million or 412% compared to Q2 2019
• Net operating income[1] (“NOI”) increased by $21.2 million or 1,101% compared to Q2 2019
• Adjusted Funds Flow From Operations1 (“AFFO”) increased by $19.0 million or 291% compared to Q2 2019
• Q2 2020 average production was 43,791 barrels of oil equivalent per day (“boe/day”), an increase of 28,423 boe/day or 185% compared to Q2 2019

CALGARY, ALBERTA – August 12, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) released its Q2 2020 results today, highlighted by the fact the Company continues to deliver solid results quarter after quarter, achieving strong metrics in overall revenue, NOI, AFFO and daily production. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com.

“We achieved these strong results through our positive hedging strategy, limiting non-essential capital and operating spending and taking active steps to reduce administrative costs,” said Pieridae’s Chief Executive Officer Alfred Sorensen. “As a result of the Alberta Foothills asset acquisition, revenue was up more than 400% year over year on a Q2 basis, production climbed 185%, and we continued to operate our assets safely and reliably.

“I am also pleased to report that we have reached a resolution with KBR following its earlier announcement that it was no longer prepared to negotiate and conclude a lump sum turnkey engineering, procurement, construction and commissioning (“EPCC”) contract for our Goldboro LNG Facility,” added Sorensen. “As part of the resolution, Pieridae acquires the right to transition all of KBR’s work product created to date to a replacement EPCC contractor. We are in the midst of discussions with other firms that have expressed strong interest in concluding a lump sum turnkey EPCC contract for the LNG Facility with Pieridae.”

[1] NOI and AFFO are non-IFRS measures. They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. See pages 20 and 21 in the Company’s Q2 2020 MD&A.

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2020/08/04 – PIERIDAE TO HOLD CONFERENCE CALL AND WEBCAST FOR Q2 2020 FINANCIAL RESULTS

CALGARY, ALBERTA – August 4, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) will release its second-quarter 2020 results on Wednesday, August 12, 2020 prior to markets opening.

Chief Executive Officer Alfred Sorensen, Chief Financial Officer Rob Dargewitcz and other members of the Pieridae leadership team will discuss the financial results and Company developments at 8:30 a.m. (MDT) / 10:30 a.m. (EDT).

Members of the investment community, shareholders and other interested parties are invited to participate by calling toll-free: 1-888-231-8191, Calgary 403-451-9838, or Toronto: 647-427-7450. Please dial in 10 minutes prior to the start of the call. No pass code is required. A live webcast of the teleconference will be available via the following URL: https://produceredition.webcasts.com/starthere.jsp?ei=1350446&tp_key=1fd0ec2ded

A replay of the teleconference will be available two hours after the conclusion of the call until midnight (EDT) on August 19, 2020. Please call 1-855-859-2056 and enter pass code 3652577#.

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2020/07/29 – PIERIDAE SECURES CAD$6 MILLION ACCOUNT SECURITY GUARANTEE FACILITY FROM EXPORT DEVELOPMENT CANADA

Pieridae Continues to Gain Support from Key Stakeholders 

CALGARY, ALBERTA – July 29, 2020 - Pieridae Energy Limited (Pieridae or the Company) (TSX: PEA.TO) is pleased to announce it has received approval from Export Development Canada (“EDC”) for a CAD$6 million guarantee facility as part of EDC’s Account Performance Security Guarantee (“APSG”) program. The program provides a 100% guarantee to the issuing bank of certain of the Company’s existing and future letters of credit (“LCs”). The APSG will allow Pieridae to release cash collateral requirements provided as security for certain existing and potential future LCs.   

“We are very pleased to have this support from EDC, as this is a significant opportunity for Pieridae to free up cash collateral to redeploy to help continue to grow the Company,” said Pieridae Chief Financial Officer Rob Dargewitcz. “This facility from EDC sends a strong signal to the market that we continue to gain momentum and key support for the Company and its strategic direction.” 

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2020/07/13 – KBR ALTERS ITS POSITION REGARDING THE GOLDBORO LNG FACILITY EPCC CONTRACT

Pieridae Already in Discussions with Interested Firms to Replace Them

CALGARY, ALBERTA – July 13, 2020 - Pieridae Energy Limited (Pieridae or the Company) (TSX: PEA.TO) has received written notice from Kellogg Brown & Root Limited (“KBR”) that KBR is no longer prepared to negotiate and conclude a lump-sum turnkey engineering, procurement, construction and commissioning (“EPCC”) contract in relation to the proposed Goldboro LNG Facility. Although KBR has indicated they remain interested in providing the EPCC services for construction of the Goldboro LNG Facility, KBR’s decision to no longer provide a fixed price contract is in apparent contravention of its obligation under the terms of a signed services agreement dated March 27, 2019, made between Pieridae and KBR.

“With this notice from KBR, we are looking at all of our options, including discussing the matter with legal counsel to determine the most appropriate next steps,” said Pieridae CEO Alfred Sorensen. “There are other reputable and experienced firms who have the expertise to provide these services, with some already indicating a willingness to replace KBR. We have had discussions with several of them to gauge their interest.”

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2020/06/01 – PIERIDAE GRADUATES TO THE TSX

Company Excited About the Prospects Going Forward

CALGARY, ALBERTA – June 1, 2020 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange (the "TSX") and are expected to commence trading on the TSX at the opening of the market on June 3, 2020. Concurrent with the TSX listing, the common shares of Pieridae are expected to be de-listed from the TSX Venture Exchange. Pieridae's trading symbol will remain "PEA".

“This is a big step for our Company, and we look forward to the benefits being part of the TSX provide,” said Pieridae CEO Alfred Sorensen. “The key here is that being a member of the TSX allows Pieridae to tell its story to a bigger investor audience, including the Canadian institutional investment community, which should improve liquidity in the stock.”

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2020/05/28 – PIERIDAE ANNOUNCES FIRST QUARTER RESULTS

Solid Financial Returns for a Second Straight Quarter

Highlights:

• Revenue of $74.0 million in Q1 2020, an increase of $51.0 million or 222% compared to Q1 2019
• Petroleum and natural gas revenue increased by $41.4 million or 178% compared to Q1 2019
• Net operating income[1] (“NOI”) increased by $14.1 million or 273% compared to Q1 2019
• Adjusted Funds Flow From Operations1 (“AFFO”) increased by $12.0 million or 1,845% compared to Q1 2019, and cashflow from operations improved from a deficit of $17.1 million to $6.4 million
• Q1 2020 average production was 41,211 barrels of oil equivalent per day (“boe/day”), an increase of 23,975 boe/day or 139% compared to Q1 2019
• Natural gas physical hedging resulted in a realized natural gas price of $2.23/mcf, 15% higher than benchmark prices of $1.94/mcf for the quarter

CALGARY, ALBERTA – May 28, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) released its Q1 2020 results today, highlighted by the fact the Company recorded a second straight quarter with strong metrics in revenue, NOI, AFFO and daily production. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com.

“We continue to see the benefits of last fall’s Foothills Asset acquisition, with Pieridae recording strong financial results in spite of very challenging market conditions,” said Pieridae’s Chief Executive Officer Alfred Sorensen. “Once again, our strong operational performance and positive hedging strategy helped insulate us from the current harsh realities, as realized natural gas prices were 15% higher than the benchmark price for the quarter.”

[1] NOI and AFFO are non-IFRS measures. They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. See pages 18 and 19 in the Company’s MD&A.

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2020/05/27 – PIERIDAE ANNOUNCES THE RESULTS OF ITS ANNUAL AND SPECIAL SHAREHOLDER MEETING

New Independent Director Elected

CALGARY, ALBERTA – May 27, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) today announced the re-election of Mr. Myron A. Tétreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Kjell Pedersen, Mr. Charle Gamba and Mr. Mark Horrox as its directors for the forthcoming year, and the election of Ms. Kiren Singh as a new independent director.

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2020/05/19 – PIERIDAE TO HOLD CONFERENCE CALL AND WEBCAST FOR Q1 2020 FINANCIAL RESULTS

CALGARY, ALBERTA – May 19, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) will release its first-quarter 2020 results on Thursday, May 28, 2020 prior to markets opening.

Chief Executive Officer Alfred Sorensen, Chief Financial Officer Rob Dargewitcz and other members of the Pieridae leadership team will discuss the financial results and Company developments at 9:30 a.m. (MDT) / 11:30 a.m. (EDT).

Members of the investment community, shareholders and other interested parties are invited to participate by calling toll-free: 1-888-231-8191, Calgary 403-451-9838, or Toronto: 647-427-7450. Please dial in 10 minutes prior to the start of the call. No pass code is required. A live webcast of the teleconference will be available via the following URL: https://produceredition.webcasts.com/starthere.jsp?ei=1319037&tp_key=22a94dd764

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2020/05/15 – PIERIDAE RESPONDS TO REGULATORY DECISION REGARDING ALBERTA FOOTHILLS ASSETS TRANSFER OF LICENCES

The Company is Confident a Solution Will Be Found

CALGARY, ALBERTA – May 15, 2020 Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) issued the following statement from CEO Alfred Sorensen with respect to the Alberta Energy Regulator’s (“AER”) decision to deny the application to transfer licences for Shell’s Foothills Assets to Pieridae:

“We are disappointed by the AER’s decision regarding the transfer of licences for the Foothills Assets.

The decision has nothing to do with Pieridae’s financial position nor its ability to clean up certain assets. The issue for denial was the fact that there is no precedent for splitting a licence or no ability under the current legislation to do so. ‎This issue only applies to the Waterton and Jumping Pound gas plants.

Both companies are moving swiftly to evaluate options on the transfer applications and will continue to attempt to seek clarity from the regulator to define an appropriate path forward."

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2020/05/05 – PIERIDAE & UNIPER AGREE TO EXTEND KEY DEADLINES IN THEIR LONG-TERM LNG AGREEMENT

Goldboro LNG Project Continues to Move Forward

CALGARY, ALBERTA – May 5, 2020 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German energy company Uniper Global Commodities (Uniper). These include expected commercial deliveries of gas to Uniper to start between August 31st, 2025 and February 28th, 2026; and the extension to June 30, 2021 of the deadline to make a positive final investment decision (FID) for the Company’s proposed Goldboro LNG facility. The 20-year agreement with Uniper is for the liquefied natural gas produced at Goldboro Train 1 or 4.8 mmtpa (million tonnes per annum).

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2020/04/16 – PIERIDAE DELIVERS STRONG Q4 AND 2019 RESULTS

Revenue, Net Operating Income & Production All Up Substantially

Key Highlights:

• Total revenue of $114.4 million in 2019. Petroleum and natural gas revenue increased $102.5 million year over year, or 4347%, to $104.9 million in 2019
• Net Operating Income[1] (“NOI”) increased year over year from a loss of $0.5 million in 2018 to income of $24.9 million in 2019, $24.4 million of which was earned in Q4 2019
• Adjusted Funds Flow From Operations1 (“AFFO”) increased from a loss of $4.0 million in Q4 2018 to income of $14.4 million in Q4 2019
• Production increased 241% from 17,509 barrels of oil equivalent per day (“boe/d”) in Q4 2018 to 42,137 boe/d in Q4 2019
• A dramatic year over year improvement in working capital, from a deficit of $76.0 million in 2018 to a surplus of $19.1 million in 2019
• Proven Developed Producing (“PDP”) reserve bookings increased by 158% due to the Shell Foothills assets acquisition
• Total Proved plus Probable (“TPP”) bookings increased by 123%, while the corporation maintained a very conservative booking of 62% PDP reserves out of total proved plus probable reserves
• PDP value more than doubled to $593 million, versus $245 million
• Corporate 2020 forecasted decline in the PDP reserve category is approximately 9%, annually, which is remarkably low amongst our peer group of companies

CALGARY, ALBERTA – April 16, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) released its 2019 financial and operating results today, highlighted by the fact the Company recorded strong year-over-year increases in multiple categories, including petroleum and natural gas revenue (a 4347% increase to $104.9 million, included in the total 2019 company revenue of $114.4 million), NOI (a loss of $0.5 million to income of $24.9 million), AFFO (a loss of $4.0 million in Q4 2018 to income of $14.4 million in Q4 2019) and production (a 241% increase from 17,509 boe/d in Q4 2018 to 42,137 boe/d in Q4 2019). In addition, Pieridae advanced its flagship Goldboro LNG Project and made adjustments to its business to deal with the impacts of COVID-19.

[1] NOI and AFFO are non-IFRS measures. They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. See page 24 and 25 in the Company’s MD&A.

2020/02/05 – PIERIDAE ISSUES COMMON SHARES

CALGARY, ALBERTA – February 5, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) announced today that in accordance with its Directors’ Compensation Policy, 80,697 common shares of Pieridae Energy Limited were issued to certain of its Directors on February 5, 2020, at a price of $0.79 per share. The transaction is subject to Exchange approval.

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2019/12/20 – PIERIDAE ISSUES COMMON SHARES

CALGARY, ALBERTA - December 20, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) announced today that in accordance with its Directors’ Compensation Policy, 101,590 common shares of Pieridae Energy Limited were issued to certain of its Directors on December 20, 2019, at a price of $0.87 per share. The transaction is subject to Exchange approval.

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2019/12/12 – PIERIDAE UPDATES 2020 GUIDANCE

Projected 10 Times Increase in Net Operating Income

Highlights:

• Net operating income (“NOI”)[1] growth to $80-$110 million with recent acquisition synergies
• Production in 2020 of 40,000-50,000 boe/d, a 230% to 290% increase over Q3 exit production
• $10.50-11.50/boe operating costs[2]
• $32 million pre-final investment decision (“FID”) capital budget, $16 million Goldboro LNG development expense budget
• Commodities hedging of 55-65% on a boe/d basis

CALGARY, ALBERTA – December 12, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) released updated corporate guidance for 2020 today which focuses on increasing NOI due to, among other things, operating efficiencies; increasing production with the recent, previously disclosed acquisition of key Alberta Foothills assets; lower per barrel operating costs; a higher capital budget; and a development expense budget for Goldboro LNG as we move toward FID for the project.

[1] NOI is a non-IFRS measure. It does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. See page 20 in the Company’s Q3 2019 MD&A
[2] Does not include transportation costs of ~$0.75/boe

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2019/11/12 – PIERIDAE APPOINTS NEW CHIEF FINANCIAL OFFICER

New CFO Well-Positioned to Take Company to the Next Level

CALGARY, ALBERTA – November 12, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce the appointment of Mr. Rob Dargewitcz as Chief Financial Officer (“CFO”) of the Company. Mr. Dargewitcz began his new role on November 11, 2019.

"We are excited to officially welcome Rob to our leadership team as our new CFO," said Pieridae CEO Alfred Sorensen. "He did a stellar job in helping to secure the financing needed to close the transformational Shell asset acquisition. After helping to raise $10 billion to construct the North West Redwater refinery, Rob’s skill set is well positioned to bring in the larger financing needed to build Pieridae’s Goldboro LNG Project.”

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2019/11/06 – PIERIDAE ANNOUNCES THIRD QUARTER RESULTS

Key Development: Transformational Change Following Close of Shell Alberta Foothills Assets Acquisition

Highlights:

• Completed the transformational Shell asset acquisition which is immediately accretive to the Company
• Shell assets give Pieridae majority of the gas resource to supply Train 1 (or facility) at Goldboro LNG facility
• Third quarter production averaged 14,657 barrels of oil equivalent per day (“Boe/d”), resulting in $12.7 million in revenues, three per cent higher than Q2 2019
• Natural gas physical hedging resulted in a 41 per cent premium price to AECO
• Upstream year-to-date net operating income (“NOI”)[1] is positive despite two successive quarters of a low-priced environment

CALGARY, ALBERTA – November 6, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its third quarter (“Q3”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and nine month periods ending September 30, 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com.

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2019/11/01 – PIERIDAE APPOINTS NEW INDEPENDENT DIRECTOR

CALGARY, ALBERTA – November 1, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce the appointment of Mr. Mark Horrox as an additional independent director, effective immediately.

Mr. Horrox is a principal at Third Eye Capital ("TEC"). He has 20 years of global experience investing in companies undergoing change or growth. His responsibilities at TEC include advancing the firm's investment activities in the Canadian energy market.

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2019/10/17 – PIERIDAE ENERGY CLOSES THE ACQUISITION OF SHELL CANADA’S FOOTHILLS ASSETS

28,634 BOE/d and Midstream Assets, including Three Deep-Cut Gas Plants

Highlights:

• Acquisition immediately accretive to the Company
• Acquired majority of the gas needed to supply Train 1 at Goldboro LNG facility
• Further progress made toward Goldboro LNG final investment decision
• Pieridae remains committed to working respectfully with area communities and Treaty 7 Nations

CALGARY, ALBERTA – October 17, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed its acquisition of all of Shell Canada Energy’s (“Shell”) midstream and upstream assets in the southern Alberta Foothills (the “Assets”) for $190 million (the “Acquisition”) in accordance with the terms of the amended and restated purchase and sale agreement dated October 7, 2019 (the “PSA”). All references to dollars ($) are to Canadian currency.

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2019/10/11 – PIERIDAE ENERGY CLOSES TRANCHE ONE OF SUBSCRIPTION RECEIPTS PRIVATE PLACEMENT

CALGARY, ALBERTA – October 11, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed the first tranche of its previously announced brokered private placement of Company subscription receipts (the “Offering”). Pieridae has issued 14,970,070 subscription receipts of the Company at a price of $0.86 per subscription receipt for gross proceeds of $12,874,260.20.  Pieridae has also closed on the issuance of 711,967 subscription receipts, at a price of $0.86, on a non-brokered basis, for gross proceeds of approximately $612,291.62.

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2019/09/30 – PIERIDAE AND AIMCo AGREE TO EXTEND TERM LOAN AND CONVERTIBLE DEBENTURE MATURITY

CALGARY, ALBERTA – September 30, 2019 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) announces that Alberta Investment Management Corporation, on behalf of certain of its clients, and Pieridae have agreed to extend the maturity date of both (a) the $50 million senior secured term loan facility (the “Term Loan”), as described in the news release issued by the Company on December 18, 2018, and (b) the $10 million secured convertible debenture, as described in the news release issued by the Company on July 2, 2019, from September 30, 2019 to the earlier to occur of (i) October 16, 2019, or (ii) the day on which an acceleration notice is delivered, or deemed to be delivered under the Term Loan.

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2019/09/05 – PIERIDAE ENERGY ISSUES AN UPDATE ON THE PRIVATE PLACEMENT OF SUBSCRIPTION RECEIPTS

CALGARY, ALBERTA – September 5, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that Haywood Securities Inc., as sole agent, has confirmed that it has received subscriptions for the placement of 38,637,850 subscription receipts of the Company at a price of $0.86 per subscription receipt for gross proceeds of $33,228,551.38 (the “Subscription Receipt Offering” or the “Offering”). This includes a subscription of $20 million from Erikson National Energy Inc., a portfolio company of Third Eye Capital Corporation, a subscription of $8.5 million from Electron Capital and subscriptions of approximately $350,000 from certain directors of the Company. The completion of the equity fulfills the equity commitment of the debt financing. Pieridae expects to close the equity, debt and Acquisition (as defined below) by the end of September.

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2019/08/08 – PIERIDAE ANNOUNCES SECOND QUARTER RESULTS

CALGARY, ALBERTA – August 8, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its second quarter (“Q2”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six month periods ending June 30, 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com.

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2019/07/11 – PIERIDAE NEGOTIATES EXTENSIONS OF KEY DEADLINES IN ITS LONG-TERM LNG AGREEMENT WITH UNIPER

CALGARY, ALBERTA – July 11, 2019 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German utility Uniper. These include expected commercial deliveries of gas to Uniper to start between November 30th, 2024 and May 31st, 2025; and the extension to September 30, 2020 of the deadline to make a positive financial investment decision (FID) for the Company’s proposed Goldboro LNG facility.

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2019/07/09 – PIERIDAE CLOSES THE TSX – INJECTS SOME STAMPEDE SPIRIT!

Pieridae Energy had the privilege to close the Toronto Stock Exchange today during Stampede week in Calgary.

“As former Alberta Premier and Calgary Mayor Ralph Klein said the Stampede symbolizes the province’s spirit,” Pieridae CEO Alfred Sorensen points out. “So it was special for us to share that spirit through the Toronto Stock Exchange and feature a company that is working to lay the groundwork for its own legacy.”

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2019/07/03 – PIERIDAE GRANTS COMMON SHARES & OPTIONS

CALGARY, ALBERTA – July 3, 2019 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announces that in accordance with its Directors’ Compensation Policy, 33,584 common shares of Pieridae Energy Limited were granted to its Directors on July 3, 2019, at the price value of $0.89 per share.  

In addition, the company announces that in accordance with its stock option plan, on July 3, 2019 it granted to its employees and directors the option to purchase 3,149,341 common shares of the Company, at an exercise price of $0.89 per share. These stock options will expire on July 3, 2024.

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2019/07/03 – PIERIDAE ENERGY LIMITED ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT OF COMMON SHARES AND CONVERTIBLE DEBENTURES FOR A TOTAL OF $12.2 MILLION

CALGARY, ALBERTA – July 2, 2019 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) is pleased to announce that it has closed its previously announced (i) non-brokered private placement of common shares of the Company at a price of $0.86 per share for gross proceeds of $2.2 million (the “Common Share Offering”) and (ii) a non-brokered private placement of a secured convertible debenture of the Company (the “Convertible Debenture”) for aggregate gross proceeds of $10 million (the “Convertible Debenture Offering” and together with the Common Share Offering, the “Offering”). Gross proceeds from the Offering were $12.2 million.

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2019/06/26 – PIERIDAE ENERGY TO PURCHASE SHELL CANADA FOOTHILLS-AREA PRODUCTION & ASSETS: 28,623 BOE/D AND ASSOCIATED MIDSTREAM ASSETS, INCLUDING THREE DEEP-CUT GAS PLANTS

CALGARY, ALBERTA – June 26, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has signed a purchase and sale agreement (the “Purchase Agreement”) with Shell Canada Energy (“Shell”) to purchase all of Shell’s midstream and upstream assets in the southern Alberta Foothills (the “Assets”) for a purchase price of CAD$190 million, subject to normal adjustments (the “Acquisition”). The purchase price for the Acquisition will be satisfied via (i) the payment to Shell of CAD$175 million in cash (net of adjustments), to be raised by Pieridae through the issuance of term debt and equity, as further described below and (ii) the issuance of Pieridae common shares to Shell having an aggregate value of CAD$15 million (such value to be determined proximate to the time of closing of the Acquisition, in accordance with the terms of the Purchase Agreement). Closing of the Acquisition remains subject to satisfactory completion of due diligence by Pieridae on the Assets. Subject to such due diligence completion, the closing of the Acquisition is expected to occur in the third quarter of 2019, pending satisfaction of customary closing conditions and receipt of regulatory approvals.

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2019/06/19 – PIERIDAE ANNOUNCES THE RESULTS OF ITS ANNUAL AND SPECIAL SHAREHOLDER MEETING

CALGARY, ALBERTA – June 18, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) today announced the re-election of Mr. Myron A. Tétreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Kjell Pedersen and Mr. Tim de Freitas as its directors for the forthcoming year, and the election of Mr. Charle Gamba as a new independent director.

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2019/05/29 – PIERIDAE ANNOUNCES FIRST QUARTER RESULTS

CALGARY, ALBERTA – May 29, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its first quarter (“Q1”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the first three months of 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com.

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2019/05/09 – PIERIDAE COMMENTS ON RECENT TRADING - KEY MILESTONES ACHIEVED STILL IN PLACE

CALGARY, ALBERTA – May 9, 2019 - Pieridae Energy Limited (Pieridae or the Corporation) (TSXV: PEA) In light of the recent share price decline, Pieridae would like to confirm that there have been no material adverse changes in its business. As Pieridae’s management does not believe the current trading price of the Corporation’s shares properly reflects the inherent value of the Corporation’s investments, management reiterates that key project milestones achieved for its flagship Goldboro LNG Project are still firmly in place.

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2019/04/24 – Pieridae Energy - Years End Results - 2018

CALGARY, ALBERTA – April 24, 2019 - Pieridae Energy Limited (“Pieridae” or the “Corporation”) (PEA - TSXV) released its 2018 financial and operating results today, highlighting the fact it took some key steps forward last year in advancing its Goldboro liquefied natural gas (“LNG”) Project. In 2018, the company was issued a permit to construct the facility, received US$1.5 billion in additional conditional loan support from the German Government, closed its purchase of Ikkuma Resources Corp. (“Ikkuma”) to obtain a portion of the supply of natural gas for Goldboro’s first LNG facility (Train 1), and signed a sale and purchase agreement to supply Europe with additional LNG from Goldboro’s second facility (Train 2).

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2019/04/01 – PIERIDAE ACHIEVES MAJOR STEP FORWARD - ENGAGES EPC CONTRACTOR KBR

CALGARY, ALBERTA - April 1, 2019 - Pieridae Energy Limited (Pieridae) (TSXV: PEA) is pleased to announce that the respected global engineering firm of Kellogg Brown & Root Limited (KBR) has been engaged to perform a review of an amended version of the previously prepared front-end engineering and design (FEED) study for the proposed Goldboro LNG facility. KBR will also conduct an open-book estimate necessary for entering into a lump sum turnkey engineering, procurement and construction (EPC) contract. Pieridae anticipates signing that contract in the coming months. The company expects to start construction activities in 2019 and ship first gas overseas to meet the expected global LNG shortfall in 2023/2024.

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2019/03/06 – PIERIDAE ENERGY LIMITED ANNOUNCES PARTIAL EXERCISE OF OVER-ALLOTMENT OPTION IN RESPECT OF BROKERED PRIVATE PLACEMENT AND CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Calgary, Alberta: March 6, 2019 – Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has issued 320,000 common shares at a price of $2.00 per share (the “Over-Allotment Offering”), for incremental gross proceeds of $640,000, pursuant to the partial exercise of an over-allotment option (the “Over-Allotment Option”) granted by the Company to a syndicate of investment dealers co-led by KES 7 Capital Inc., National Bank Financial Inc. and Laurentian Bank Securities Inc. (collectively, the “Agents”) in connection with the Company’s previously announced brokered private placement of common shares of the Company (the “Brokered Offering”). The remainder of the Over-Allotment Option is exercisable until March 28, 2019. The Company is also pleased to announce that it has issued an additional 274,000 common shares at a price of $2.00 per share, for incremental gross proceeds of $548,000, pursuant to a second tranche of its previously announced non-brokered private placement of common shares (the “Non-Brokered Offering”). The total gross proceeds from this second tranche of the private placement financing are $1,188,000.

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2019/02/28 – PIERIDAE ENERGY LIMITED ANNOUNCES CLOSING OF BROKERED AND NON-BROKERED PRIVATE PLACEMENTS FOR A TOTAL OF $17.9 MILLION

Calgary, Alberta: February 28, 2019 – Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has closed its previously announced brokered private placement of common shares of the Company for gross proceeds of approximately $15.2 million (including the partial exercise of the over-allotment option) (the “Brokered Offering”) and partially closed its non-brokered private placement of common shares for additional gross proceeds of approximately $2.7 million (the “Non-Brokered Offering” and, together with the Brokered Offering, the “Offerings”) for aggregate gross proceeds of approximately $17.9 million. The over-allotment option is exercisable for a period of 30 days from closing.

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2019/02/20 – PIERIDAE ENERGY - FULLY-SUBSCRIBED BROKERED PRIVATE PLACEMENT

Calgary, Alberta: February 20, 2019 – Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has been advised by the syndicate of investment dealers co-led by KES 7 Capital Inc. and National Bank Financial Inc. and including Laurentian Bank Securities Inc. (collectively, the “Agents”) that the previously announced brokered private placement of up to 7,500,000 common shares at a price of $2.00 per share (the “Offering Price”) for gross proceeds of up to $15.0 million (the “Offering”) was met with strong investor interest and was fully subscribed. In addition, the Agents have informed the Company that they intend to exercise their over-allotment option at closing for additional common shares at the Offering Price.

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2019/02/12 – Pieridae Energy - Private Placement

CALGARY, ALBERTA — February 12, 2019 — Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by KES 7 Capital Inc. (“KES 7”), National Bank Financial Inc. (“NBF”), and Laurentian Bank Securities Inc. with KES 7 and NBF acting as joint book runners, in connection with a commercially reasonable efforts agency private placement of up to 7,500,000 common shares at a price of $2.00 per share (the “Offering Price”) for gross proceeds of up to $15.0 million (the “Offering”). In addition, the Company has granted the agents an over-allotment option, exercisable for a period of 30 days from closing, to sell additional Common Shares representing 20% of the base Offering at the Offering Price.

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2019/02/04 – PIERIDAE NEGOTIATES A BENEFITS AGREEMENT WITH THE MI’KMAQ OF NOVA SCOTIA

CALGARY, ALBERTA — February 4, 2019 — Pieridae Energy Limited (Pieridae) (TSXV: PEA) is pleased to announce that the Nova Scotia Mi’kmaq Benefits Agreement which it negotiated with the Assembly of Nova Scotia Mi’kmaq Chiefs (the Assembly) has now been ratified.

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2018/12/20 – PIERIDAE AND IKKUMA COMPLETE BUSINESS COMBINATION

CALGARY, ALBERTA — December 20, 2018 — Pieridae Energy Limited (PEA-TSXV) (“Pieridae”) and Ikkuma Resources Corp. (IKM-TSXV) (“Ikkuma”) announce that they have completed the previously announced arrangement pursuant to which Pieridae acquired all of the issued and outstanding shares of Ikkuma by way of a plan of arrangement (the “Arrangement”) under section 193 of the Business Corporations Act (Alberta). The Arrangement was approved by shareholders of Ikkuma (“Ikkuma Shareholder”) at a special meeting of Ikkuma Shareholders held on December 17, 2018 (the “Meeting”) and by the Court of Queen's Bench of Alberta.

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2018/12/18 – Pieridae Energy - Private Placement

CALGARY, ALBERTA — December 18, 2018 — Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) is pleased to announce that it has completed a non-brokered private placement with The Western and Southern Life Insurance Company (“WSLI”) and Electron Capital LLC (“Electron”), for proceeds of $8.0 million (the “Private Placement”). Pieridae intends to use the proceeds of the Private Placement to refinance certain amounts at closing of the arrangement with Ikkuma Resources Corp. (the “Arrangement”), to pay for transaction expenses associated with the Arrangement and for general corporate purposes, including development expenses.

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2018/12/13 – Pieridae Energy - Proposed Private Placement

CALGARY, ALBERTA — December 13, 2018 — Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) announces that, subject to the approval of the TSX Venture Exchange (the “TSXV”), it intends to complete a non-brokered private placement offering to raise $8.0 million (the “Private Placement”) the terms of which are detailed below.

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2018/12/05 – PIERIDAE ENERGY REFILES AIF FOR FISCAL YEAR 2017

CALGARY, ALBERTA — December 5, 2018 — Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) announces that, as a result of a review by the Alberta Securities Commission, it has refiled its annual information form for the year ended December 31, 2017 (the "AIF") along with the related chief executive officer and chief financial officer certificates.

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2018/11/21 – PIERIDAE ENERGY ANNOUNCES THIRD QUARTER RESULTS AND PROVIDES AN UPDATE ON THE IKKUMA ARRANGEMENT

CALGARY, ALBERTA — November 21, 2018 — Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) is pleased to announce that it has filed its third quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three- and nine-month periods ended September 30, 2018.

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2018/10/31 – PIERIDAE RECEIVES PERMIT TO CONSTRUCT THE GOLDBORO LNG FACILITY

CALGARY, ALBERTA — October 31, 2018 — Pieridae Energy Limited (PEA-TSXV) welcomes the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility. 

2018/10/29 – PIERIDAE ELIGIBLE TO BENEFIT FROM ADDITIONAL CONDITIONAL LOAN SUPPORT FROM THE GERMAN GOVERNMENT

CALGARY, ALBERTA — October 29, 2018 — Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to US $1.5 billion of untied loan guarantee by the German federal government under its UFK program (Bundesgarantien für ungebundene Finanzkredite). This confirmation not only satisfies a critical condition leading to the completion of Pieridae’s acquisition of Ikkuma as contemplated by the arrangement agreement entered into between the Company and Ikkuma on August 23, 2018, but also marks an important milestone in advancing the integrated Goldboro LNG project towards a final investment decision.

2018/10/22 – PIERIDAE GRANTS COMMON SHARES

CALGARY, ALBERTA — October 22, 2018—Pieridae Energy Limited (PEA-TSXV) announces that in accordance with its Directors’ Compensation Policy, 21,960 common shares of Pieridae Energy Limited were granted to its Directors on October 19, 2018, at the price value of $4.18 per share.  

2018/09/14 – PIERIDAE APPOINTS CHIEF FINANCIAL OFFICER AND GRANTS OPTIONS

CALGARY, ALBERTA — September 14, 2018 — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce the appointment of Ms. Melanie Litoski as Chief Financial Officer (“CFO”) of the Company. Ms. Litoski is expected to begin her role as CFO on October 1, 2018. 

2018/08/28 – Pieridae Energy second quarter reports

CALGARY, ALBERTA — August 28, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its second quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six months periods ended June 30, 2018. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com, and are filed on SEDAR at www.sedar.com.

2018/08/24 – Pieridae and Ikkuma to Complete a Business Combination

CALGARY, ALBERTA — August 24, 2018 — Pieridae Energy Limited (PEA-TSXV) (“Pieridae”) and Ikkuma Resources Corp. (IKM-TSXV) (“Ikkuma”) announce they have entered into a definitive agreement dated August 23, 2018 (the “Arrangement Agreement”) providing for the acquisition by Pieridae of all of the issued and outstanding shares of Ikkuma to be effected by way of a plan of arrangement (the “Arrangement”) under section 193 of the Business Corporations Act (Alberta). 

2018/08/15 – Pieridae Engages KfW IPEX-Bank as Adviser in Germany

CALGARY, ALBERTA — August 15, 2018—Pieridae Energy Limited (PEA-TSXV) announced the appointment of KfW IPEX-Bank as an adviser in assisting it to finalize a multibillion USD untied loan guarantee from the German federal government under its UFK program (Garantien für ungebundene Finanzkredite). 

2018/06/28 – PIERIDAE ANNOUNCES THE RESULTS OF ITS ANNUAL AND SPECIAL SHAREHOLDER MEETING

CALGARY, ALBERTA — June 28, 2018—Pieridae Energy Limited (PEA-TSXV) announces the reelection of Mr. Myron A. Tetreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Matthew Rees as its directors for the forthcoming year and the election of Mr. Kjell Pedersen as a new independent director. 

2018/06/07 – PIERIDAE WELCOME QUEBEC’S PROPOSED REGULATIONS

CALGARY, ALBERTA — June 7th, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased that the proposed regulations, announced by Minister of Natural Resources, Pierre Moreau, will allow for the exploration and exploitation of hydrocarbons in a large portion of the province of Quebec, particularly in the Gaspésie region. 

2018/05/23 – Pieridae Energy first quarter reports

CALGARY, ALBERTA — May 23, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its first quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2018. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com, and are filed on SEDAR at www.sedar.com.

2018/05/08 – Pieridae grants common shares (05-2018)

CALGARY, ALBERTA — May 8, 2018—Pieridae Energy Limited (PEA-TSXV) announces that in accordance with its Registered Retirement Savings Plan (RRSP) matching policy, Pieridae’s Board of Directors granted, on May 8, 2018, 19,766 common shares of Pieridae Energy Limited to 14 of its employees and directors at the price value of $4.90 per share. 

2018/05/07 – Pieridae Energy announces term sheet for LNG Sale and Purchase Agreement with European Utility

CALGARY, ALBERTA — May 7th, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce it has entered into a term sheet to negotiate a binding liquefied natural gas (LNG) sale and purchase agreement (“SPA”) to supply Canadian-sourced liquefied natural gas to Europe from the Second Train of the Goldboro liquefaction facility in Nova Scotia.

2018/03/15 – Pieridae Energy year end reports

CALGARY, ALBERTA — March 15, 2018 — Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its audited annual financial statements and related management’s discussion and analysis for the fiscal year ended December 31, 2017 on the System for Electronic Document Analysis and Retrieval (“SEDAR”). On October 24, 2017, Pieridae Energy Limited and Pétrolia Inc. were amalgamated pursuant to a plan of arrangement effected pursuant to section 192 of the Canada Business Corporations Act. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA.

2018/02/27 – Pieridae Engages Morgan Stanley and Société Générale as Financial Advisors to Goldboro LNG

CALGARY, ALBERTA — February 27, 2018—Pieridae Energy Limited (PEA-TSXV) announced today that it has engaged Morgan Stanley & Co, LLC (Morgan Stanley) and SG Americas Securities, LLC (Société Générale) to serve as financial advisors for Pieridae Energy’s Goldboro LNG project. Pieridae intends to raise up to US $10 billion in equity and project financing to fulfill its mandate to become the first independently operated integrated LNG project in North America.

2018/02/01 – PIERIDAE GRANTS OPTIONS

CALGARY, ALBERTA – February 01, 2018 – Pieridae Energy Limited (PEA-TSXV) announces that in accordance with its stock option plan, Pieridae's Board of Directors granted on January 29, 2018, 1,007,400 stock options to 23 of its employees and directors. The price has been set at $ 5.67 per share, and the expiry date for these options is January 28, 2023.

2017/11/23 – SPROULE UPDATE ON BOURQUE - A BEST ESTIMATE OF 827 MILLION BARRELS OF TOTAL PETROLEUM INITIALLY-IN-PLACE

CALGARY, ALBERTA — November 23, 2017 — Pieridae Energy Limited (PEA-TSXV) (“Pieridae” or the “Company”) is pleased to announce the update of a report prepared by Sproule Associates Limited for its Bourque property. The partners on the Bourque project are Pieridae (previously Pétrolia Inc.), Ressources Québec and Tugliq. Pieridae is the operator of Bourque and majority owner. 

2017/11/01 – PIERIDAE ENERGY LIMITED ANNOUNCES TSX VENTURE EXCHANGE FINAL APPROVAL AND TRADING OF ITS COMMON SHARES ON NOVEMBER 2, 2017

CALGARY, ALBERTA – November 1, 2017 – Pieridae Energy Limited ("Pieridae") is pleased to announce that further to the completion of the business combination of Pieridae Energy Limited and Pétrolia Inc. ("Pétrolia") by way of plan of arrangement (the "Arrangement") on October 24, 2017 and the satisfaction of the TSX Venture Exchange Inc. (the “TSX Venture”) listing conditions, it has received confirmation from the TSX Venture that the Final Exchange Bulletin pertaining to this Reverse Take-Over has been issued on November 1, 2017.

2017/10/25 – PÉTROLIA INC. AND PIERIDAE ENERGY LIMITED COMPLETE PLAN OF ARRANGEMENT

CALGARY, ALBERTA – October 25, 2017 – Pieridae Energy Limited ("Pieridae") is pleased to announce the completion of the business combination of Pieridae Energy Limited ("Former Pieridae") and Pétrolia Inc. ("Pétrolia") by way of plan of arrangement (the "Arrangement") to form the amalgamated company called "Pieridae Energy Limited". The Arrangement constitutes a Reverse Take-Over under the policies of the TSX Venture Exchange Inc. ("TSX Venture").

2017/10/04 – DATES CERTIFICATE

PIERIDAE DATES CERTIFICATE IN SUPPORT OF THE MOTION FOR INTERIM AND FINAL ORDERS REGARDING

THE APPROVAL OF AN ARRANGEMENT

2017/05/15 – Pétrolia to Complete a Business Combination with Pieridae Energy Limited that will Create Canada’s First Publicly Traded, Integrated LNG Company

Québec, May 15, 2017: Pétrolia Inc. PEA-TSVX (“Pétrolia” or the “Company”) announces that it has entered into a definitive agreement dated May 15, 2017 (the “Arrangement Agreement“) with Pieridae Energy Limited (“Pieridae“), a private Canadian corporation, providing for a business combination by way of plan of arrangement (the “Arrangement”) in accordance with Section 192 of the Canada Business Corporations Act (the “CBCA“), pursuant to which Pétrolia and Pieridae will amalgamate to form a new entity to be named “Pieridae Energy Limited” (“Amalco“). The completion of the Arrangement will result in a reverse takeover of the Company as defined in the policies of the TSX Venture Exchange (the “Exchange”). Completion of the Arrangement is subject to, among other things, the approval of the Exchange and shareholder approval from Pétrolia and Pieridae shareholders.

2017/05/05 – PIERIDAE ENERGY LIMITED ANNOUNCES SPECIAL NEEDS COLLECTIVE AGREEMENT WITH NOVA SCOTIA CONSTRUCTION LABOUR RELATIONS ASSOCIATION TO ASSIST WITH THE CONSTRUCTION OF THE GOLDBORO LNG FACILITY IN GOLDBORO, NOVA SCOTIA

Nova Scotia, 05/05/2017: Pieridae Energy Limited (“Pieridae” or the “Company”) announced today the Goldboro LNG Project Special Needs Collective Agreement. Per the requirements of the Construction Projects Labour Relations Act, the agreement was reached on October 10, 2016, and was ratified and signed as of May 3, 2017, by the Nova Scotia Construction Labour Relations Association (CLRA) and by 85% of the building trades expected to be involved in the project’s construction. The agreement must go to the Labour Board for final approval. In the near future, Pieridae and the CLRA will request that the Labour Board declare the agreement to be a project agreement and declare the project agreement in effect for the Goldboro LNG facility project.

2016/10/14 – PIERIDAE ENERGY REACHES TENTATIVE PROJECT LABOUR AGREEMENTS

HALIFAX, NS, October 14, 2016 – Pieridae Energy (Canada) Ltd. (Pieridae) continues to meet major milestones with the proposed Goldboro LNG processing facility. Read more

2016/02/08 – PIERIDAE ENERGY RECEIVES NON-FTA EXPORT AUTHORIZATION

HALIFAX, NS, February 8, 2016 – Pieridae Energy (Canada) Ltd. and its operating subsidiary corporations (Pieridae) continue to meet major milestones with their proposed Goldboro LNG processing facility. On February 5, 2016, Pieridae received its Non-Free Trade Export authorization from the US Department of Energy. This authorization allows US sourced natural gas to be exported as LNG to countries which do not have a free trade agreement with the United States. This authorization supplements the Free Trade Export authorization which Pieridae received from the US Department of Energy in 2015 allowing the export of US sourced natural gas to Canada and other countries with which the United States has entered into a free trade agreement.

2015/12/17 – PIERIDAE ENERGY LIMITED REACHES PROJECT MILESTONES

HALIFAX, NS, December 17, 2015 – Pieridae Energy (Canada) Ltd. (Pieridae) continues to meet major milestones with their proposed Goldboro LNG processing facility, including the purchase of the project site and a new partnership and appointee to the board. Read more

2015/08/17 – NATIONAL ENERGY BOARD ISSUES IMPORT AND EXPORT LICENCES TO PIERIDAE ENERGY (CANADA) LTD.

HALIFAX, NS, August 17, 2015 – Pieridae Energy (Canada) Ltd. (Pieridae) is pleased to announce that it has been issued long-term licenses by the National Energy Board of Canada to import natural gas from the USA and to export liquefied natural gas (LNG) from Canada.

2015/01/27 – HARVARD PAPER DISCUSSES LNG EXPORTS FUTURE AND GOLDBORO LNG

The Harvard Kennedy School’s Belfer Center for Science and International Affairs Associate Leonardo Maugeri published a discussion paper in December 2014 as part of the Geopolitics of Energy Project, titled Falling Short: A Reality Check for Global LNG Exports.