JX Energy Ltd. — AGM Information 2017

Apr 18, 2017

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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Persta Resources Inc.

(incorporated under the laws of Alberta with limited liability) (Stock code: 3395)

RECORD DATE OF THE ANNUAL GENERAL AND SPECIAL MEETING TO BE HELD ON JUNE 9, 2017

Persta Resources Inc. (the ‘‘Corporation’’) hereby announces that its board of directors (the ‘‘Board’’) has approved to convene an annual general and special meeting of the shareholders on Friday, June 9, 2017 (Hong Kong time) (the ‘‘AGM’’). The Board has also decided to fix the record date for the determination of the shareholders who are entitled to receive the notice of, and to attend and vote at, the AGM or adjournment thereof, at 4.30 p.m. on Monday, April 24, 2017 (Hong Kong time) and 2:30 a.m. on April 24, 2017 (Calgary time) (the ‘‘Record Date’’).

Only shareholders as at the Record Date are entitled to receive notice of the AGM. Shareholders on record will be entitled to vote their shares held by them as at the Record Date, unless any such shareholder properly transfers the shares after the Record Date and the transferee of those shares, having produced properly endorsed certificates evidencing such shares or having otherwise established ownership of such shares, demands, at least ten (10) days before the AGM, that the transferee’s name be included in the list of shareholders entitled to vote at the AGM, in which case such transferee shall be entitled to vote such shares at the AGM.

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The Corporation’s annual report containing, amongst other things, its financial statements for the year ended December 31, 2016 and management’s discussions on the Corporation’s results and performance for the same period as well as a notice of the AGM which contains, amongst other things, the time, venue and the detailed agenda of the AGM, along with a management information circular concerning the matters to be considered at the AGM, are expected to be made available on the Corporation’s website at www.persta.ca and the website of The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) at http://www.hkexnews.hk/ and dispatched to the shareholders of the Corporation by end of April, 2017 (Hong Kong time).

By Order of the Board Persta Recources Inc. Le Bo Chairman

Calgary, April 18, 2017 Hong Kong, April 18, 2017

As at the date of this announcement, the executive Director is Mr. Le Bo; the non-executive Director is Mr. Yuan Jing; and the independent non-executive Directors are Mr. Richard Dale Orman, Mr. Bryan Daniel Pinney and Mr. Peter David Robertson.

ABOUT PERSTA RESOURCES INC.

The Corporation is based in Calgary and is principally engaged in natural gas and crude oil exploration, with a focus on natural gas. The Corporation focuses on long-term growth through acquisitions, exploration, development and production in the Western Canadian Sedimentary Basin. The Corporation commenced operations in March 2005 with the objective of building a successful company with a longterm business strategy. The Corporation has been listed on the Main Board of the Stock Exchange since March 10, 2017.

Shareholders and investors may send written enquiries or requests to the Corporation as follows:

Address: 2717, 308-4th Avenue SW, Calgary, Alberta, T2P 0H7, Canada

Fax: +1 403-446-1206

Email: ir@persta.ca

Enquiries are dealt with in a timely and informative manner.

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FORWARD LOOKING INFORMATION

This announcement contains forward-looking information relating to, among other things, (a) the future financial performance and objectives of the Corporation; and (b) the plans and expectations of the Corporation. Such forward-looking information is subject to various risks, uncertainties and other factors. All statements other than statements and information of historical fact are forward-looking statements. The use of words such as ‘‘estimate’’, ‘‘forecast’’, ‘‘expect’’, ‘‘project’’, ‘‘plan’’, ‘‘target’’, ‘‘vision’’, ‘‘goal’’, ‘‘outlook’’, ‘‘may’’, ‘‘will’’, ‘‘should’’, ‘‘believe’’, ‘‘intend’’, ‘‘anticipate’’, ‘‘potential’’, and similar expressions are intended to identify forward-looking statements. Forwardlooking statements are based on the Corporation’s experience, current beliefs, assumptions, information and perception of historical trends available to the Corporation, and are subject to a variety of risks and uncertainties including, but not limited to, those associated with resource definition and expected reserves and contingent and prospective resources estimates, unanticipated costs and expenses, regulatory approval, fluctuating oil and gas prices, expected future production, the ability to access sufficient capital to finance future development and credit risks, changes in Alberta’s regulatory framework, including changes to regulatory approval process and land-use designations, royalty, tax, environmental, greenhouse gas, carbon and other laws or regulations and the impact thereof and the costs associated with compliance. Although the Corporation believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned that the assumptions and factors discussed in this announcement are not exhaustive and readers are not to place undue reliance on forward-looking statements as the Corporation’s actual results may differ materially from those expressed or implied. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise, subsequent to the date of this announcement, except as required under applicable securities legislation. The forward-looking statements speak only as at the date of this announcement and are expressly qualified by these cautionary statements. Readers are cautioned that the foregoing lists are not exhaustive and are made as at the date hereof. For a full discussion of the Corporation’s material risk factors, see the Corporation’s prospectus dated February 28, 2017 and risk factors described in other documents the Corporation files from time to time with securities regulatory authorities, all of which are available on the Stock Exchange’s website at www.hkexnews.hk and the Corporation’s website at www.persta.ca.

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