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.

Download file

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.

Download file

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.

Download file

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.”

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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).

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.

Download file

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.