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Non-brokered Private Placement

September 1, 2017 – Halio Energy Inc. (“Halio” or the “Company”) (TSXV – HOIL) is pleased to announce that it has completed a non-brokered private placement (the “Financing”) of 25,000 Common Shares (the “Shares”) at a price of $1.20 per share for gross proceeds of $30,000. The securities issued in the Financing are subject to a restricted period which expires on December 30, 2017. Proceeds from the financing are intended to be used for general working capital purposes.