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Loop Energy Inc. Capital/Financing Update 2021

Feb 19, 2021

47395_rns_2021-02-18_3f397d68-13ba-4624-886b-f34a40352b0e.pdf

Capital/Financing Update

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RECEIPT

Loop Energy Inc.

This is the receipt of the British Columbia Securities Commission for the Long Form Prospectus of the above Issuer dated February 18, 2021 (the prospectus).

This receipt also evidences that the Ontario Securities Commission has issued a receipt for the prospectus.

The prospectus has been filed under Multilateral Instrument 11-102 Passport System in Alberta, Saskatchewan, Manitoba, Québec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador . A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

February 18, 2021

Larissa M. Streu

Larissa M. Streu Senior Legal Counsel, Corporate Finance