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File: Snow Eagle - Press Release re Halt of Potential QT (December 2016) (3).DOCX

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES 
Snow Eagle Resources Ltd. Announces Proposed Transaction
North Saanich, British Columbia, December 5, 2016.  Snow Eagle Resources Ltd. (the "Company" or "Snow Eagle") (TSXV- S
--->EG.H), is pleased to announce that it has entered into a letter of intent (the "LOI") with Bukit Energy Inc. ("Bukit")
---> a private Canadian oil and gas exploration company with assets in South East Asia.  Pursuant to the LOI, the Company,
---> subject to entering into a definitive agreement (the "Transaction Agreement"), has agreed to combine with Bukit by wa
--->y of share exchange, merger, amalgamation, arrangement, or other similar form of transaction (the "Transaction").  The
---> Transaction is an arm's length transaction and, when completed, may be considered to be the Qualifying Transaction fo
--->r the purposes of the TSX Venture Exchange Inc. ("TSXV").  The Company has requested its common shares ("Shares") cont
--->inue to be halted by the TSXV pending review of materials for the Transaction.
Trading in Snow Eagle Shares on the TSXV is halted and are expected to remain so until closing of the Transaction.
This is an initial press release. The Company plans to issue a further press release once it has entered into the Tran
--->saction Agreement to provide, among other things, selected financial information respecting Bukit and the Transaction.
Snow Eagle anticipates the proposed Transaction will be completed prior to January 31, 2017.
Snow Eagle also wishes to advise that, effective December 5, 2016, it has received the resignation of Mr. H. Keith Mac
--->Dougall as a Director of the Company.
About Snow Eagle
Snow Eagle, a capital pool company within the meaning of the policies of the TSXV, does not have any operations and ha
--->s no assets other than cash. Snow Eagle's business is to identify and evaluate businesses and assets with a view to co
--->mpleting a Qualifying Transaction under the policies of the TSXV.
Completion of the Transaction is subject to a number of conditions, including but not limited to, TSXV acceptance and 
--->if applicable pursuant to TSXV Requirements, majority of the minority shareholder approval. Where applicable, the Tran
--->saction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transacti
--->on will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement to be pre
--->pared in connection with the Transaction, any information released or received with respect to the Transaction may not
---> be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be 
--->considered highly speculative.
The TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the
---> contents of this press release.
For further information, please contact:
David L. Tonken 
Chief Executive Officer Snow Eagle Resources Ltd. 
Email: tonken@icrossroads.com 
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 this release.


File: Snow_NR_5Dec2016.pdf

   NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

                         Snow Eagle Resources Ltd. Announces Proposed Transaction


North Saanich, British Columbia, December 5, 2016. Snow Eagle Resources Ltd. (the "Company" or
"Snow Eagle") (TSXV- SEG.H), is pleased to announce that it has entered into a letter of intent (the
"LOI") with Bukit Energy Inc. ("Bukit") a private Canadian oil and gas exploration company with assets
in South East Asia. Pursuant to the LOI, the Company, subject to entering into a definitive agreement (the
"Transaction Agreement"), has agreed to combine with Bukit by way of share exchange, merger,
amalgamation, arrangement, or other similar form of transaction (the "Transaction"). The Transaction is
an arm's length transaction and, when completed, may be considered to be the Qualifying Transaction for
the purposes of the TSX Venture Exchange Inc. ("TSXV"). The Company has requested its common
shares ("Shares") continue to be halted by the TSXV pending review of materials for the Transaction.

Trading in Snow Eagle Shares on the TSXV is halted and are expected to remain so until closing of the
Transaction.

This is an initial press release. The Company plans to issue a further press release once it has entered into
the Transaction Agreement to provide, among other things, selected financial information respecting Bukit
and the Transaction.

Snow Eagle anticipates the proposed Transaction will be completed prior to January 31, 2017.

Snow Eagle also wishes to advise that, effective December 5, 2016, it has received the resignation of Mr.
H. Keith MacDougall as a Director of the Company.

About Snow Eagle

Snow Eagle, a capital pool company within the meaning of the policies of the TSXV, does not have any
operations and has no assets other than cash. Snow Eagle's business is to identify and evaluate businesses
and assets with a view to completing a Qualifying Transaction under the policies of the TSXV.

Completion of the Transaction is subject to a number of conditions, including but not limited to, TSXV
acceptance and if applicable pursuant to TSXV Requirements, majority of the minority shareholder
approval. Where applicable, the Transaction cannot close until the required shareholder approval is
obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing
statement to be prepared in connection with the Transaction, any information released or received with
respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the
securities of a capital pool company should be considered highly speculative.

The TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor
disapproved the contents of this press release.

For further information, please contact:
David L. Tonken
Chief Executive Officer Snow Eagle Resources Ltd.
Email: tonken@icrossroads.com

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 this release.