Petro One Energy Corp CUDBF

basic Concept of Press Release

[stockeditor]

Goldstrike with its cash will participate on a JV basis on certain prospective targets identified by POP on its land holdings.

It is anticipated that these targets will provide cash flow to GSR so that it can proceed with its exploration programme.

Basically maximization of cash resources during a period where there is a lack of financing available on reasonable, terms.