Ms. Anita Algie reports

UNITY AMENDS NEWS RELEASE

Unity Energy Corp. has amended a news release dated Nov. 4, 2016, titled "Unity arranges $1-million private placement."

The company wishes to correct the terms of the private placement and announce that it intends to raise $150,000 by selling three million non-flow-through common shares at a price of five cents per share.

Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities legislation.

A price reservation form was filed with the TSX Venture Exchange on Nov. 3, 2016.

Proceeds from the offering will be used for general working capital and corporate purposes.