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*Pipestone Energy Corp. 
Listed Company 

PIPESTONE ENERGY CORP. ("PIPE")("PIPE.WT")
BULLETIN TYPE: Graduation
BULLETIN DATE: December 14, 2020
TSX Venture Tier 1 Company

TSX Venture Exchange has been advised that the Company's shares and warrants will be listed and commence trading on Toronto Stock Exchange at the opening on Wednesday, December 16, 2020, under the symbol "PIPE" and "PIPE.WT", respectively.

As a result of this Graduation, there will be no further trading under the symbol "PIPE" and "PIPE.WT" on TSX Venture Exchange after December 15, 2020, and its shares and warrants will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.

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