SynStream Amends Private Placement

Calgary, Alberta (FSCwire) – SynStream Energy Corp. ("SynStream" or the "Company") (TSX VENTURE: “SHM”) announces it has amended its previously disclosed private placement (Stockwatch – January 23, 2018). Each unit will now consist of one common share of the Company for $0.06 and one common share purchase warrant, with each whole warrant entitling the holder thereof to purchase, for a period of 12 months from the date of issuance, subject to accelerated expiry as outlined below, one additional common share of the Company at a price of $0.15 per common share.

If, on any 30 consecutive trading days occurring after four months and one day has elapsed following the closing date, the closing sales price of the common shares (or the closing bid, if no sales were reported on a trading day) as quoted on the TSX-V is greater than $0.15 per common share, the Company may provide notice in writing to the holders of the warrants by issuance of a press release that the expiry date of the warrants will be accelerated to the 30^th day after the date  on which the Company issues such press release.

All other terms and conditions of the private placement remain the same as previously disclosed.

For further information, please contact:

Johannes Kingma,

Chief Executive Officer

(403) 612-5655

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined under the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Certain statements contained herein constitute forward-looking statements. Such forward-looking statements are subject to both known and unknown risks and uncertainties which may cause the actual results, performances or achievements of the Company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. The forward-looking statements included in this press release are made as of the date of this release and except as required by law, the Company does not undertake any obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release may contain statements within the meaning of safe harbor provisions as defined under United States Securities Laws and Regulations.

To view the associated document to this release, please click on the following link:
public://news_release_pdf/SynStream02272018.pdf

To view the original release, please click here

Source: Synstream Energy Corp. (TSX Venture:SHM)

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