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File: 04-28-2017 NR Financials FINAL.pdf

News Release

For Immediate Release                                                        April 28, 2017

HTC Purenergy Inc. (dba "HTC Purenergy") announces financial results for fiscal year ending
December 31, 2016

Regina, Saskatchewan - HTC Purenergy (the "Corporation" and/or "HTC") today announced its
audited financial results for the fiscal year ending December 31, 2016 ("Year").

HTC Purenergy (HTC: TSX-V) and its subsidiaries are participating in two Industry Sectors:
Industrial and Energy Services and Clean Energy Technologies.

Industrial and Energy Sector:
The brand Maxx Energy 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 Pipe Handling System; Advanced Mud Control Systems;
Enviro Tanks for Petroleum based mud drilling systems; Customized Frack Water Tankage; and
Containment Systems.

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. HTC's 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 CO2 Systems Corp. ("HTC CO2 Systems") has developed an improved proprietary CO2 capture
system that has been designed to significantly reduce the cost of CO2 capture. Brand-named the HTC
Low-Cost Design or LCDesignTM, this system has been engineered to reduce capital and operating costs
while at the same time delivering superior performance by reducing energy usage, lowering emissions,
and improving the quality of CO2 product captured.

During the 2015 year, HTC completed the World Trade Organization patenting and commercialization of
the Delta Purification SystemTM, and now has a commercial unit installed at the Husky Lashburn CO2
Capture plant. The Delta Purification System TM reclaimer unit is like a kidney in the human body, in
that it removes the impurities that build up in the liquid solvents and glycols used in most CO2 capture
 systems, allowing cleaned up solvents and glycols to be reused instead of having to buy more solvents
and disposing of the used solvents and glycols underground.

The HTC proprietary Delta Purification SystemTM is unique in that it has been designed to remove the
impurities from mixed and formulated solvents and glycols, resulting in a smaller environmental footprint
and lower energy costs in operation.

The Husky Project is showcasing the Delta Purification technology, which is designed to meet the
cleanup targets of gas and liquid energy streams. The Delta Purification SystemTM recycles the solvents
and glycols used in the process, resulting in lower operating costs and lower solvent and glycol disposal
liability.

Going forward, 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 markets for solvent and glycol
Reclaiming/Recycling solutions versus the traditional Disposal/Dump legacy methods.                   Delta
Purification SystemTM advantages as compared to existing technologies are: Simple design with less
capital and operating costs; Less waste for disposal; and Higher recovery rates for solvents and glycols.

HTC currently has a number of outstanding bids for reclaimer systems, as well as CO2 capture systems as
a result of the Canadian initiatives to bring in carbon tax, and hopes to capitalize on these opportunities in
2017.

During the past year, HTC's subsidiary, Clear Glycol & Solvents Inc. ("ClearGSI") expanded and re-
branded its operations to include two new distributors in the Alberta market area and a new sales
representative focussing on east central heavy oil operations. The company also commenced operations in
Saskatchewan, which initiative has led to the sale of recycled and reclaimed glycol to the Southern
Saskatchewan oil patch.

Clear Glycol Inc. ("Clear"), a wholly owned subsidiary of ClearGSI, has also been recently qualified as
a Saskatchewan approved "Glycol Recycling Centre", which allows Clear now to participate in the
Government sponsored glycol recycling program. This program pays "collectors" for collecting glycol
from recycling depots and delivering this product to approved Glycol Recycling Centres.

Clear and Valhalla (1235014 Alberta Ltd. dba Valhalla Filtration 2006, a wholly owned subsidiary of
ClearGSI) are also working hard on expanding the glycol processing capacity at the Stettler, Alberta
glycol processing plant. The new plant being designed will triple the capacity of existing operations, as
well as give the plant the option to process solvents and glycol. In addition, significant contemplated and
implemented, increased Government regulation, shareholder expectations, environmental and social
license pressures are reducing the amount of glycols and solvents presently being disposed underground.
This has resulted in strong market traction for the companies' products and services.

ClearGSI's plans for the 2017 year include expanding the existing plant operations in Alberta, which will
be accomplished through purchasing of additional equipment assets, expanding current sales force and
looking for future expansion locations and market acquisitions, for the potential of growing organic and
accretive earnings.
 Financial Results

Selected financial information of HTC is summarized below. Financial results for HTC have been
prepared in accordance with International Financial Reporting Standards.

                                                     Fiscal Year Ending         Fiscal Year Ending
                                                     December 31, 2016         December 31, 2015*
Total Assets                                                $29,839,303                $31,516,385
Current Liabilities                                          $3,142,192                $10,593,078

Revenue                                                 $9,091,313               $12,675,270
Expenses                                               $13,877,045               $15,728,676
Loss from operations                                   $(4,206,050)             $(3,009,914)
Net Income (Loss)                                       $3,773,662              $(2,544,891)
Total Comprehensive Income (Loss)                       $4,001,407              $(2,472,692)
Common Shares outstanding as of year end                30,309,195                30,309,195
Weighted Average Shares Outstanding - Basic             30,309,195                30,309,195
Weighted Average Shares Outstanding - Diluted           33,367,959                31,371,965
Profit (Loss) per Common Share (weighted                      $0.08                   $(0.07)
average)
Fully Diluted Profit (Loss) per Common Share                  $0.07                         -
(weighted average)**
 *December 31, 2015 amounts have been restated to the current basis presentation arising from the
 disposition of NuVision Industries Inc.

Total assets for the Year were $29,839,303 compared to $31,516,385 as at December 31, 2015. The
primary reasons for the net decrease are due in part to the disposition of NuVision Industries Inc.
("NuVision") during the Year, balanced by the increase in contingent consideration receivable on the
sale.

Current liabilities were $3,142,192 for the Year as compared to $10,593,078 as at Dec. 31, 2015.
Decrease of $7,450,886 is largely due to the sale on NuVision, which resulted in a decrease in liabilities
of $4,532,266. The balance of the change reflects a decrease of accounts payable and accrued liabilities
associated with reduced oil product operations and debt restructuring.

The Corporation had operating revenue of $9,091,313 (2015 -$12,675,270) of which $7,015,939 (2015 -
$10,877,935) came from HTC's subsidiary Maxx Group of Companies Corp., (together with its
subsidiaries referred to as "Maxx"), $2,043,928 (2015 - $52,194) came from HTC CO2 Systems
operating segment, and $31,446 (2015 - $1,745,141) came from engineering and process design. The
decrease in revenue in Maxx is attributed to the downturn in the oil sector impacting continuing
operations during the Year. 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 Year were
$26,618 as compared to $1,481,104 at December 31, 2015 reflecting decreased activity associated with
the completion of the Husky/Lashburn Project. Commercialization, product development and
administrative expenses for the Year were $6,931,498 as compared to $6,086,000 for the prior year. The
increase in 2016 is primarily due to ongoing commercialization of CO2 capture and solvent and glycol
reclaiming, as well as work on the dual design of the Delta ReclaimerTM to allow this reclaimer to work
on both solvents and glycol related products.
 Amortization for the Year was $902,938 (2015   $482,064). The increase in amortization relates to
amortization of reclaimer development costs as well as amortization associated with the acquisition of
ClearGSI and intangible assets acquired at the end of 2015.

Finance expense realized during the Year was $105,688 (2015 - $66,028). The increase is a result of an
increase in the amount of debt subject to interest relating to equipment financing (restructuring of
ClearGSI).

For the Year, the Corporation had operating loss of $4,206,050 as compared to a loss of $3,009,914 from
operations for the year ending December 31, 2015. The decrease in operation income is primarily due to
the downturn of the oil sector impacting operations and the reduction in engineering processing
consulting causing a redirection of resource to product development.

The sale of NuVision resulted in a gain of $9,183,826 (2015- $Nil). Current Year valuation and
impairments losses which are non-cash related expenses were comprised of $419,509 (2015 - $Nil) in the
impairment of goodwill resulting from the decline in the oil sector and $280,000 relating to the write
down of an inactive, available for sale investment. Prior year's impairment of available for sale assets
through income was $3,860,438.

Deferred tax expense of $1,297,431 results from the accounting recognition on contingent gains
associated with the sale of NuVision during the Year. The amounts arise from the recognition of the
potential additional sale consideration that the Corporation may realize over the next few years based on a
series of assumptions regarding the future income flows over the duration and the contract and the
collectability of these amounts. These taxes should reverse over the next few years as amounts are
realized in accordance with the terms of the contract. Deferred tax expense is offset by a deferred tax
liability. Deferred tax liabilities of the prior year related to certain asset additions and were recovered in
the 2016 year.

Net income for the Year was $3,773,662 compared to a loss of $2,544,891 in the prior year.
Comprehensive income includes the unrealized gains and (losses) on investments classified as available
for sale of $227,745 (2015   $117,199) and represents the net change in the carrying value of the
investments to the quoted value and transfer of impaired investments to the consolidated statement of
loss. These adjustments do not involve cash. Comprehensive income for the Year is $4,001,407
compared to a loss of $2,427,692 in 2015.

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