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File: 08-24-2016 News Release FINAL.pdf

News Release

For Immediate Release                                                                  August 24, 2016

HTC Purenergy Inc. (dba "HTC Purenergy") announces unaudited condensed
consolidated interim financial results for the second quarter period ending June 30th, 2016

Regina, Saskatchewan - HTC Purenergy (HTC: TSX-V) (the "Corporation" and/or "HTC" and/or
"HTC Purenergy") today announced its unaudited condensed consolidated interim financial results for the
second quarter period ending June 30, 2016 (the "Quarter" or the "Period").

HTC and its subsidiaries, save for Maxx Group of Companies Corp. ("Maxx") and Clear Glycol & Solvents
Inc. ("ClearGSI") are development stage companies. HTC and its subsidiaries participate in two Industry
Sectors   Industrial and Energy Services and Clean Energy Technologies.

Clean Energy Technologies
Companies doing business in the energy industry are looking for cost-effective methods and new energy
technologies to produce their products, while at the same time being environmentally sustainable and
profitable. The CO2 Capture & Gas Purification mandate is to develop and commercialize the
technologies that satisfy these requirements and to commercialize these product offers world-wide. HTC has
developed cost-effective CO2 capture solutions for CO2 enhanced heavy oil production, coal and gas power
generation and the industrial food grade CO2 markets. HTC participates in this sector through its
commercial entity: HTC CO2 Systems Corp., within its proprietary LCDesignTM and PDOengineTM
technologies.

HTC is optimistic about the opportunities in the Gas Processing Industry, whereby the Delta Purification
SystemTM can be utilized to clean up the solvents and glycols used in over 800 natural gas processing
plants and 6,800 natural gas compression and pumping stations located in Western Canada. Pending
changes in current legislation will continue to open up the market for solvent and glycol
Reclaiming/Recycling solutions vs the traditional Disposal/Dump legacy methods.

Industrial and Energy Services
The Industrial and Energy Services Sector is focused on servicing industry and energy by providing services
for industrial facilities, potash mines, oil and gas producers, and drilling service contractors in Western
Canada and the North Central United States. The commercial operating entity servicing this sector is
101059035 Saskatchewan Ltd. doing business as Pinnacle Industrial Services ("Pinnacle"). During the
downturn in the oil and gas sector, Pinnacle has remained financially viable through a combination of
expense reductions and diversification into other market sectors such as structural steel, agricultural
manufacturing, custom fabrication for the potash industry, oil and gas BOP certification and special projects.

The brand Maxx Energy ("MaxxEnergy") supplied by HTC's subsidiary Pinnacle, provides a diverse line
of high technology products. These newly developed products generate higher sale volumes and are
differentiated from other standard oil field products because of their automation and advanced technologies
 utilized in their design. Products sold under the MaxxEnergy banner include: The Guardian Automated Pipe
Handling System; Mud Master Advanced Mud Control Systems; Hot and Cold Water Customized Frack
Tankage; and Containment Systems.

Financial Results
Selected financial information of HTC is summarized below. Information provided in the following
table is prepared in accordance with IFRS.
                                                             6 months ending        6 months ending
                                                                 June 30, 2016          June 30, 2015
                                                                                            (restated)*

Total Assets                                                                      $28,298,826    $30,650,044
Revenue                                                                            $3,930,580     $7,014,272
Loss from operations                                                              $(2,344,054)   $(1,059,762)
Income (Loss) from continuing operations                                           $1,763,877    $(1,071,266)
Net Income                                                                         $2,629,642       $810,260
Total Comprehensive Income                                                         $3,109,597       $297,520
Common Shares outstanding as of quarter end                                        30,309,195     30,309,195
Profit per Common Share (weighted average)                                             $0.087          $0.027

Fully Diluted Profit per Common Share (weighted                                         $0.069         $0.021
average)**
*Comparative amounts have been restated to consider discontinued operations.
**Diluted net loss per common share is not presented, as the effect would be anti-dilutive.

For the Period the Corporation had operating revenue of $3,930,580 (June 30, 2015 - $7,014,272) of which
$3,256,894 (June 30, 2015 - $5,402,125) came from HTC's subsidiary Maxx; $32,080 (June 30, 2015 -
$1,612,147) came from engineering and process design; and $641,606 came from ClearGSI. The decrease
in revenue in Maxx is associated with the sale of Maxx's subsidiary, NuVision Industries Inc. ("NuVision")
in the Period and downturn in the oil sector impacting operations in the Period. The decrease in engineering
and process design is due to the completion of work on the Husky/Lashburn Project CO2 capture facility.

Costs of sales reflect manufacturing and sales costs associated with Maxx, ClearGSI and their subsidiaries.
The decrease is a result of the reduced sales in Maxx. Engineering and process design services include
costs associated with the provision of engineering services. Services for the Period were $20,913 as
compared to $1,533,392 as at June 30, 2015 reflecting decreased activity associated with the completion of
the Husky/Lashburn Project. Decrease in costs is due to the completion of the project in 2015. Costs
incurred in the Period relate to maintenance costs. Commercialization, product development and
administrative expenses for the Period were $3,234,234 as compared to $2,639,509 for the prior year. The
increase in 2016 is primarily due to new operating costs incurred in connection with ClearGSI and its
subsidiaries (not present in the 2015 comparative period), the sale of NuVision, product development costs
associated with the Delta Purification SystemTM, as well as rising compliance and administrative costs.
Amortization for the Period was $334,343 (June 30, 2015   $249,671.

The Corporation had an operating loss of $2,344,054 as compared to a loss of $1,059,762 for the period
ending June 30, 2015. The increase in operating loss is primarily related to the downturn of the oil sector,
the expansion of the newly acquired ClearGSI and costs relating to the disposition of NuVision.

Net profit for the Period was $2,629,642 compared to $810,260 in the prior period. The increase in income
is primarily attributable to the sale of NuVision resulting in a large capital gain on sale of the investment of
$4,039,962 offset by increased costs as described above.
 Total assets for the Period were $28,298,826 compared to $31,526,385 as at December 31, 2015. The
primary reasons for the net decrease are the removal of NuVision's assets and goodwill due to the sale, the
use of cash to reduce current liabilities since year end and increased amortization associated with ClearGSI.

The information and opinions expressed herein involve known and unknown risks and
uncertainties that may cause the Corporation's actual results or outcomes to be materially different
from those anticipated and discussed herein. In assessing forward-looking statements contained herein,
readers are urged to read carefully all cautionary statements contained in this news release, and in those
other filings with the Corporations' Canadian regulatory authorities as found in `www.sedar.com'.
Although we believe that the expectations reflected in our forward-looking statement are reasonable, we
cannot guarantee future results, levels of activity, performance or achievements or other future events. We are
under no duty to update any of our forward-looking statements after the date of this news release, other
than as required and governed by law.

        NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
      PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE
      EXCHANGE ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
                                  THE RELEASE.

For more information contact:
Jeff Allison,
HTC Purenergy
Telephone: (306) 352-6132
Fax: (306) 545-3262
E-mail: jallison@htcco2systems.com

HTC Purenergy corporate developments can be followed on www.htcenergy.com and is traded under the
symbol HTC