MCF Energy Ltd. — Board/Management Information 2020

Jun 2, 2020

FOR IMMEDIATE RELEASE

June 1, 2020

PINEDALE ENERGY LIMITED

(MCF : TSXV)

PINEDALE ANNOUNCES APPOINTMENT OF CORPORATE SECRETARY

Vancouver, British Columbia – June 1, 2020 - Pinedale Energy Limited (TSXV: MCF) (“Pinedale” or the “Corporation”) announces the appointment of Jennifer Hanson as the new Corporate Secretary of the Company. Ms. Hanson has over 10 years of regulatory and corporate compliance.

For further information please contact:

Claus Andrup Interim Chief Executive Officer Email: clausandrup@me.com Contact: 604-341-4691

Cautionary Statements

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1944 ACT. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SUBJECT SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL.