Sunset Pacific Petroleum Ltd SSPAF

Happy Anniversary Board of Losers

[Balthasaur]

A year has passed since the clarified notice of the greatest deal ever. Thanks Elmer and Bozo for nothing. We got taken for a ride. Just put this thing outta its misery.

 SUNSET PACIFIC PETROLEUM LTD. #704-938 Howe Street, Vancouver, British Columbia, V6Z 1N9 Phone: [phone] Email: [e-mail] TRADING SYMBOL: SPK.V
 
         April 26, 2017
 
ON BEHALF OF THE BOARD: CLARIFYING NEWS RELEASE
 
Sunset Pacific Petroleum Ltd. (‘Sunset’) is pleased to announce that it has signed an agreement to farm out a fifty (50%) percent working interest in its interest in a hydro-carbon Concession in Tunisia.  
 
The conditions of the Agreement call for Sunset to receive approval from the government of Tunisia for this Agreement.  The Agreement also calls for Sunset to receive all government approvals to proceed to a work program on the concession.
 
The farmee will provide A SWIFT coded Letter of Credit for the sum of Five Million United States (USD $5,000,000) Dollars with the term of five years, that must be approved by the government of Tunisia’s confirming bank.
 
Pursuant to the Agreement, the farmee will pay:
 
(a)  to Sunset the sum of Two Million United States (USD $2,000,000) Dollars in sunk cost on or before thirty (30) days after the execution of the Agreement.   
 
(b) the sum of One Million United States (USD $1,000,000) Dollars toward the administrative and operational costs of the Concession and 
 
(c) fifty (50%) percent of any additional cost related to the Concession. 
 
The Company will provide further disclosure of this transaction including the name of the farmee when all conditions by all parties have been met.
 
  This Agreement is subject to regulatory and government approvals where required.  
 
“Albert Raponi”
 
_______________________________ Albert Raponi, CEO, of the Company 
 
     This press release was prepared by management who takes full responsibility for its contents.  Neither TSX Venture         Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)       accepts responsibility for the adequacy or accuracy of this release.

[stockvader]

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[Forstgump]

i havnt a clue why anyone is still buying this mutt but the good news is im up 7500 and soon to punch out with a tidy profit of 16500. Winning

[Cigarsmokers]

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