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File: PKG News Release - Announce Financing.v2.docx

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ParcelPal Announces Proposed Private Placement

Vancouver, British Columbia, Canada - September 13, 2017 - ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (
--->PKG:CSE) (FSE:PT0) (OTC:PTNYF) - is pleased to announce that it proposes to complete a non-brokered private placement 
--->financing of up to 20,000,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $1,000,00
--->0 (the "Private Placement Financing").  

Each Unit will consist of one common share of Parcel Pal and one-half of one share purchase warrant (each a "Warrant")
--->, with each whole Warrant entitling the holder to purchase one additional common share of Parcel Pal at a price of $0.
--->075 per share for a period of 24 months from the date of issue.

ParcelPal may pay finders' a fee in cash or share purchase warrants.

Proceeds of the Private Placement Financing will be used for Marketing, Development, Expansion and general working cap
--->ital purposes. 

About ParcelPal Technology Inc.

ParcelPal is a technology driven logistics company that connects consumers to the goods they love. Customers can shop 
--->at partner businesses and through the ParcelPal technology receive their purchased goods within an hour.  The Company 
--->offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquo
--->r stores in Vancouver and soon in major cities Canada-wide.

ParcelPal Website: www.parcelpal.com

The Canadian Securities Exchange ("CSE") or any other securities regulatory authority has not reviewed and does not ac
--->cept responsibility for the adequacy or accuracy of this news release that has been prepared by management.

CSE - Symbol: PKG
FSE - Symbol: PT0
OTC - Symbol: PTNYF
Shares issued and outstanding: 29,514,058

Contact: Kelly Abbott, President & CEO, ParcelPal Technology, Inc. - 604-401-8700

Forward Looking Information

This news release contains forward looking statements relating to the Proposed Transaction, and the future potential o
--->f ParcelPal.  Forward looking statements are often identified by terms such as "will", "may", "should", "intends", "an
--->ticipates", "expects", "plans" and similar expressions.  All statements other than statements of historical fact, incl
--->uded in this release are forward looking statements that involve risks and uncertainties.  These risks and uncertainti
--->es include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other thing
--->s, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the
---> approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks rela
--->ting to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to th
--->e intellectual property utilized in ParcelPal.  There can be no assurance that any forward looking statements will pro
--->ve to be accurate and actual results and future events could differ materially from those anticipated in such statemen
--->ts.  
The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to pl
--->ace undue reliance on any forward looking information.  Such information, although considered reasonable by management
---> at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated
--->.  Forward looking statements contained in this news release are expressly qualified by this cautionary statement.  Th
--->e forward looking statements contained in this news release are made as of the date of this news release and the Compa
--->ny will only update or revise publicly any of the included forward looking statements as expressly required by Canadia
--->n securities laws.