Pulse Oil Corp., (“Pulse” or the "Company”) (TSXV: PUL) is pleased to announce that after receiving shareholder approval to the creation of a new control person and approval to the related party transactions from the majority of minority shareholders at the annual and special meeting of shareholders held on April 21, 2022 (the “Meeting”), Pulse has closed its previously announced private placement financing (the “Offering”), a portion of which has closed in escrow, to fund the advancement of Company’s 100% owned Bigoray area Enhanced Oil Recovery (“EOR”) project.

Currently, Pulse has received commitments to subscribe for approximately $6 million of the Offering from current insiders of Pulse. About Pulse Pulse is a Canadian company incorporated under the Business Corporations Act (Albert) that is primarily focused on a 100% Working Interest Enhanced Oil Project Located in West Central Alberta, Canada.

Pulse Oil Corp. Announces Completion Of Financing, Reports On Annual And Special Meeting Results And Operational Progress

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