Mr. Kevin Mills reports

POSERA ANNOUNCES CHAIRMAN AND CEO, LOUDON OWEN PURCHASED 784,747 COMMON SHARES OF POSERA LTD.

Posera Ltd.'s chairman and chief executive officer, Loudon Owen, has recently purchased a total of 784,747 common shares of the company at the current closing market price of 18.5 cents. The purchases were all executed through a private corporation controlled by Mr. Owen. Specific details are disclosed in Mr. Owen's filings made on SEDI on Oct. 24, 2016.