Mr. Garth Johnson reports

PULSE OIL CORP. ANNOUNCES CHANGE OF AUDITOR

Management has changed Pulse Oil Corp.'s auditor from Manning Elliott LLP to MNP LLP located in Calgary, Alta., effective as at June 6, 2023. The change in auditor is at the request of the company and has been approved by the company's board of directors and its audit committee.

There have been no reservations or modified opinions in the reports of Manning Elliott on the company's financial statements relating to the period during which Manning Elliott was the company's auditor, nor have there been any reportable events for disagreements or consultations or any unresolved issues (as those terms are defined in National Instrument 51-102).

In compliance with applicable regulatory requirements, the appointment of the company's new auditor will be brought before the next shareholders meeting on July 14, 2023.

MNP is a full-service, accounting and business advisory firm in Canada, which is suitable for Pulse Oil as the company continues forward with its Bigoray enhanced oil recovery program. Pulse Oil would also like to thank Manning Elliott for its service over the past years with Pulse Oil.

About Pulse Oil Corp.

Pulse Oil is a Canadian company incorporated under the Business Corporations Act (Alberta) that is primarily focused on a 100-per-cent working interest enhanced oil project located in west-central Alberta, Canada. The project includes two established Nisku Pinnacle Reef reservoirs that have been producing sweet light crude oil for over 40 years. The company plans to institute a proven recovery methodology (natural gas liquids solvent injection) to further enhance the ultimate oil recovery from these two proven pools. With under 10 million barrels of oil recovered to date and representing approximately 30-per-cent recovery factor from the pools, Pulse Oil is moving forward to execute the EOR project and unlock significant value for shareholders. Pulse Oil's total reclamation liabilities are less than $3-million, which, when compared with many peers in the industry in Western Canada, are very low.