Patriot Petroleum Corp. Announces Private Placement

PATRIOT PETROLEUM CORP. NEWS RELEASE 918-1030 West Georgia Street TSX Venture Exchange Vancouver, BC V6E 2Y3 Trading Symbol: PPC

PATRIOT PETROLEUM CORP. ANNOUNCES PRIVATE PLACEMENT

PATRIOT PETROLEUM CORP. (the “Company”) December 10, 2014, Vancouver, BC, announces that, subject to TSX Venture Exchange (“TSXV”) approval, it intends to complete a non-brokered private placement financing (the “Financing”) of up to 12,500,000 units (each, a “Unit”) at a price of $0.04 per Unit for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company (each, a “Share”) and one common share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one additional Share (a “Warrant Share”) at a price of $0.05 per Warrant Share for a period of five years from closing of the Financing.

The proceeds of the Financing will be used for maintenance of the Company’s assets, debt repayment, evaluation of new projects and general working capital. Finders' fees may be payable in connection with the Financing in accordance with the policies of the TSXV.

The Financing is subject to TSXV approval and specifically, to the TSXV granting a waiver to its minimum pricing policies.

For further information, please contact Steve Bajic at:

Telephone: (604) 628-5614 Facsimile: (604) 662-7950

On behalf of the board of directors:

Steve Bajic President

Neither 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.

CW7799843.1