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*Hillcrest Petroleum Ltd. 
Listed Company 

HILLCREST PETROLEUM LTD. ("HRH")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 17, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 1,000,000 bonus shares a lender in consideration of a line of credit of up to $1,000,000. The number of bonus shares issuable will be proportionate to the draw-down amount. The shares will be issued at a deemed price of $0.05 per share.

Please refer to the Company's news release of December 16, 2015 for further details.
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