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MCF Energy Ltd. Board/Management Information 2021

Mar 11, 2021

46345_rns_2021-03-11_044085c9-fb6f-4b7e-80e7-634619be4fe3.pdf

Board/Management Information

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NEWS RELEASE

For Immediate Release

PINEDALE ENERGY LIMITED

RESIGNATION OF DIRECTOR

VANCOUVER, BRITISH COLUMBIA – March 10, 2021 - Pinedale Energy Limited (TSXV: MCF) (" Pinedale " or the " Corporation ") reports the resignation of Gordon Nielsen from the board of directors.

Interim Chief Executive Officer, Claus Andrup, notes: “Gordon Nielson has been a valued contributor to the Pinedale Board during his tenure with the Corporation and we wish him well with his future endeavours.”

For further information please contact:

Pinedale Energy Limited

Claus Andrup Interim Chief Executive Officer Contact: 604-341-4691

Cautionary Statements

The TSXV has in no way passed upon the merits of this news release and has neither approved nor disapproved the contents of this press release. 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.