VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2016) - Panorama Petroleum Inc. (the "Company") (TSX
VENTURE:PPA) has arranged on a best efforts basis a non-brokered private placement of up to 10,000,000 shares at $0.02 per
share for gross proceeds of up to $200,000.
Net proceeds of the private placement will be applied towards working capital and for general corporate purposes.
The proposed private placement is subject to TSX Venture Exchange acceptance.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility or the adequacy or accuracy of this release. Certain information provided in this
news release contains forward-looking statements that by their nature are subject to numerous risks and uncertainties and readers
are cautioned that actual results may vary considerably from those forecasted.