Mr. Scott Ackerman reports

RIPPER OIL AND GAS ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

Ripper Oil and Gas Inc.'s previously announced consolidation of the company's issued and outstanding common shares on the basis of one postconsolidation common share for every two preconsolidation common shares is effective at the close of business Sept. 30, 2016. The common shares will begin trading on a consolidated basis on the TSX Venture Exchange when markets open on Oct. 3, 2016.

The consolidation was approved by the exchange, and a related bulletin has been issued by the exchange.

Prior to the consolidation, the company had 13,791,303 common shares outstanding. As a result of the consolidation, the company has approximately 6,895,651 common shares outstanding. The exercise or conversion price and the number of common shares issuable under any of the company's outstanding stock options have been proportionately adjusted as a result of the consolidation.

A letter of transmittal will be mailed to registered shareholders providing instructions to surrender the certificates evidencing their common shares for replacement certificates representing the number of common shares to which they are entitled as a result of the consolidation. Until surrendered, each certificate representing common shares prior to the consolidation will be deemed for all purposes to represent the number of common shares to which the holder thereof is entitled as a result of the consolidation.

The new Cusip is 767557309. The name of the company was not changed as a result of the consolidation.

We seek Safe Harbor.