Mr. Jagdip Bal reports

UMBRAL COMPLETES OFFER TO PURCHASE PROPERTY

Umbral Energy Corp. and the management of PhyeinMed Inc., a Health Canada Stage 5 applicant under the ACMPR (access to cannabis for medical purposes regulations), have completed the offer to purchase the property in Falkland, B.C., for the purposes of cannabis production.

The purchase price for 13 acres of land, the current structures including 10,500 square feet of potential grow area and a stand-alone administration building is $995,000. The terms of the offer to purchase the property are the payment of a partial deposit of $25,000 (paid) upon acceptance of the offer, the balance of the deposit $75,000 to be paid upon subject removal, July 15, 2017. Possession of the property is Sept. 29, 2017.

Prebuild preparations are well under way and grow methodologies, equipment requirements, and permits and inspections have been conducted. Due to the location of the property the ease to conduct these necessary requirements, for both application compliance and construction, has been an easy process.

PhyeinMed has engaged the services of an architectural firm and is awaiting confirmation of engineering quotes to complete the engagement for services.

PhyeinMed is pleased with the progress of the application and looks forward to completing the final requirements in Stage 5 of the application and notification to prepare for a prelicence inspection.

About Umbral Energy Corp.

The company is currently listed as a junior resource issuer having mineral exploration projects. The company is considering other activities to increase shareholder value, including non-resource projects. The company has mineral exploration projects in Utah, Nevada and Quebec. In addition the company has a 75-per-cent interest in PhyeinMed, which has applied for a licence from Health Canada to legally grow and sell medical marijuana.

We seek Safe Harbor.