VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 19, 2017) - United Hunter Oil & Gas Corp.
("Corporation") (TSX VENTURE:UHO)(FRANKFURT:A118VK) announces the
appointment of Miles Nagamatsu as Chief Financial Officer of the Corporation, effective immediately. Mr. Nagamatsu
previously served the Corporation in a similar capacity and we welcome his services once again. A Chartered Professional
Accountant, Chartered Accountant with over 35 years of experience who serves as Chief Financial Officer and director of public
and private companies primarily in the mineral exploration and investment management sectors. Mr. Nagamatsu has over 35 years of
experience in accounting, management, lending, restructurings and turnarounds.
Since 1993, Miles has acted as a Chief Financial Officer of public and private companies primarily in the mineral
exploration and investment management sectors. For over 25 years, Mr. Nagamatsu has served as volunteer Chair of the Finance
Committee and Director of Cystic Fibrosis Canada. He holds a Bachelor of Commerce degree from McMaster University and is a
Chartered Accountant.
Furthermore, the Corporation would like to announce the appointment of Mr. Alec Robinson, as a new member to the
Board of Directors. Alec brings an extensive level of experience encompassing the many senior level executive positions that
he held within a major oil company and the work efforts he held with several junior exploration companies. His experience
includes several international, onshore and offshore, exploration and production projects, which span from South America to
Europe, the Middle East and Africa. He has a Master's Degree in petroleum geology from Imperial College, London.
Timothy Turner, CEO of the Corporation, stated that "United Hunter is pleased to welcome both Miles Nagamatsu, as
the new Chief Financial Officer, and Alec Robinson, as a new Board Member, to the Corporation. I have had the opportunity to
work with Miles in the past and I know that he will bring a high level of energy and work ethic to this position and to our
organization. Also, we are pleased to welcome Mr. Alec Robinson to the Board of Directors. We anticipate that Alec's
worldwide exploration and production experience will deliver an additional level of experience so as to continue our efforts to
locate scalable projects for the Corporation and look forward to his contribution to the Corporation's future successes. He
will be a significant asset to our Board and we look forward to working with both gentlemen well into the future."
Both appointments will require filing the necessary regulatory paperwork to the TSX Venture exchange.
Certain statements in the documents referred to in this press release may constitute forward-looking statements
within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements
concerning (i) the acquisition of the Property Interest; and (ii) potential results from the Property
Interest. Forward-looking statements generally can be identified by the use of forward looking terminology such as
"outlook", "objective", "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans" or "continue",
or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management's current beliefs
and are based on information currently available to management. Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those contemplated by such statements. Such forward-looking statements are
subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those
contained in the statements including, without limitation, the risks that: (1) UHO may not achieve the results currently
anticipated; and (2) UHO may not be able to obtain financing in the future. Although UHO believes that the expectations reflected
in its forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because UHO
can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be
identified in this press release, assumptions have been made regarding and are implicit in, among other things, the timely
receipt of required regulatory approvals. Details of the risk factors relating to UHO and its business are discussed under the
heading "Risk Factors" in the Management Discussion & Analysis dated November 22, 2016, a copy of which is available on UHO's
SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list
is not exhaustive of all factors and assumptions which have been used. Forward-looking information is based on current
expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to
differ materially from those anticipated by UHO and described in the forward looking information. The forward-looking information
contained in this press release is made as of the date hereof and UHO undertakes no obligation to update publicly or revise any
forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable
securities laws. The forward looking information contained in this press release is expressly qualified by this cautionary
statement.
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 for the adequacy or accuracy of this release.