Mr. John Harvison reports

DOXA FILES INFORMATION CIRCULAR AND CONFIRMS MEETING DATE FOR PROPOSED REVERSE TAKEOVER

Further to Doxa Energy Ltd.'s press release dated Oct. 22, 2020, and its proposed acquisition of ProStar Geocorp Inc., the company has received the conditional approval of the TSX Venture Exchange for the transaction and has filed an information circular dated Nov. 16, 2020, in connection with the transaction for an upcoming meeting of the company's shareholders to be held Dec. 17, 2020. The circular can be found under the company's SEDAR profile.

Meeting details

The transaction and matters associated with the transaction, including a proposed consolidation of the company's common shares on a one-new-for-17-old basis, the disposition of the company's oil and gas assets, and a debt settlement with the company's related party creditors, will be submitted to shareholders for approval at an annual and special general meeting to be held virtually on Dec. 17, 2020.

In light of the continuing public health concerns related to COVID-19, and based on government recommendations to avoid large gatherings, Doxa will not be permitting attendance in person at the meeting. Shareholders are urged to vote on the matters before the meeting by proxy and to listen to the meeting on-line. Registered shareholders or proxyholders representing registered shareholders participating in the meeting virtually will be considered to be present in person at the meeting for the purposes of determining quorum. Non-registered shareholders who have not duly appointed themselves as a proxyholder will be able to attend the meeting as a guest, but will not be able to vote at the meeting.

In order to dial into the meeting, shareholders will phone 1-778-907-2071 and enter the meeting ID and password noted herein. In order to access the meeting through Zoom, shareholders will need to download the application onto their computer or smart phone and then once the application is loaded, enter the meeting ID and password herein on the Zoom page.

Shareholders will have the option through the application to join the video and audio or simply view and listen.

Meeting ID:  872 0961 5390

Password:  238577

Time for closing

The transaction is expected to close shortly following the meeting and before Dec. 31, 2020, with Doxa changing its name to ProStar Holdings Inc. in connection therewith with trading in the company's common shares recommencing in January, 2021, under a new trading symbol.

About ProStar Geocorp Inc.

ProStar is incorporated under the laws of the State of Delaware and is a software-as-a-service (SaaS) company that provides patented precision mapping solutions. ProStar's flagship solution is PointMan, a natively cloud and mobile solution designed to capture, record and display the precise location of subsurface assets, including buried utilities and pipelines.

Trading halt

The Doxa shares continue to be halted from trading, and the trading of Doxa shares is expected to remain halted pending completion of the transaction.

We seek Safe Harbor.