Mr. Dennis Sharp reports

Apic Petroleum Corp. intends to change its year-end from June 30 to Dec. 31. The change in the financial year-end will allow the company to provide continuous disclosure information on a comparable basis with its peer group and to align its year-end with the year-end of its Albanian subsidiary. A notice of change of financial year-end prepared in accordance with Section 4.8 of National Instrument 51-102 will be filed today on SEDAR.