(via TheNewswire)

Vancouver, B.C. / TheNewswire / November 30, 2016 - UMBRAL ENERGY CORP. (CSE: UMB) (the " Company " or " Umbral ") is pleased to announce that PhyeinMed Inc. ("PhyeinMed") is in communication with Health Canada and its ACMPR (Access to Cannabis for Medical Purposes Regulations) application has been assured that the application is progressing through the application process.

PhyeinMed's President & CEO Debra Senger states "We have been satisfied with the progress of the application these last few months. Health Canada is finalizing the final vetting process from the information they receive from various government departments responsible for security clearances with respect to PhyeinMed's corporate personnel and persons in charge of the application. Although the time restraints involved with the application have been lengthy, we have been able to continue with the process and maintain confidence with our partners and key persons involved in the application. We look forward to progressing to the final review stage and await the approvals necessary to receive a prepare for inspection notification from Health Canada. Once received, PhyeinMed plans to proceed with the acquisition of its facility and prepare for inspection."

The Liberal government ha s emphasized their desire to legalize, regulate, and restrict access to cannabis and the move towards legalization in 2017 is likely to start with government-vetted Licensed Producers as supplier s. Estimates in the Canadian cannabis space could reach $3.0B in annual sales in 2024 with an even larger recreational market of $3.0B - $5.0B that same year, for a combined total of $6.0B - $8.0B, with further upside coming from increased tourism and international expansion or trade. Based on a recent published report 1,749,790 square meters of indoor grow space will be required to supply the Canadian recreational market or over 290 CFL football fields. PhyeinMed's total potential new grow area with expansion could be 420,000 square feet of grow space using an additional seven acres of the land included in the current proposed property acquisition.

The management of PhyeinMed has been nurturing potential partnerships, international export and import partners , strategic alliances, accessory and ancillary relationships, revenue generating opportunities during the course of the application process. Short term and long term goals for creating revenue have been identified and the company plans to investigate and pursue these opportunities moving forward with Umbral as an investment partner.

About Umbral Energy Corp.

The Company is currently listed as a junior resource issuer having mineral exploration projects. The Company is considering other activities to increase shareholder value, including non-resource projects.

The Company has mineral exploration projects in Utah, Nevada and Quebec. In addition the Company has an interest in PhyeinMed, who has applied for a license from Health Canada to legally grow and sell medical marijuana.

ON BEHALF OF THE BOARD OF DIRECTORS OF UMBRAL ENERGY CORP.

"Jag Bal"

Jagdip BAL

President and CEO

Neither Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com) . Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise .

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