August 8, 2018

SINTANA ENERGY PRIVATE PLACEMENT OF SHARES, DEBENTURE

Sintana Energy Inc (2) (C:SEI)
Shares Issued 115,922,825
Last Close 8/8/2018 $0.155
Wednesday August 8 2018 - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 3, 2018.

Number of shares:416,666 shares Purchase price:six cents per share Number of placees:one placee Convertible debenture:$650,000 Conversion price:convertible into shares at seven cents per share in year 1 and at 10 cents per share thereafter Maturity date:five years from the date of issuance Warrants:5.72 million detachable warrants, each exercisable into one common share at a price of 10 cents for a period of three years Interest rate:8 per cent per annum

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