Ripper Oil and Gas Announces Private Placement

RIPPER OIL AND GAS INC.

Suite 1600, 609 Granville Street Vancouver, BC V7Y 1C3

NEWS RELEASE

RIPPER OIL AND GAS ANNOUNCES PRIVATE PLACEMENT

Vancouver, BC, Canada – September 19, 2016 – Ripper Oil and Gas Inc. (the "Company") (TSX-V: RYP.H) is pleased to announce that it intends to complete a non-brokered private placement (the “Offering”) to raise up to $500,000 through the issuance of up to 10,000,000 subscription receipts at a price of five cents per subscription receipt.

The proceeds of the financing will be held in escrow pending completion of a consolidation (as previously announced) of the Company’s common shares on a 2 old for 1 new basis, and the Company obtaining final TSX Venture Exchange approval to this Offering.

Upon satisfaction of the escrow conditions, each subscription receipt will automatically convert into one unit of the Company for no additional consideration. Each Unit will consist of one post-consolidated common share and one share purchase warrant, with each share purchase warrant entitling the holder to acquire one additional post consolidated common share at a price of six cents per share for a period of 12 months from the date the warrants are issued.

The Company intends to use the proceeds of the financing for general working capital purposes.

For more information, contact Scott Ackerman at (778) 331-8505

On Behalf of the Board of Directors of

RIPPER OIL AND GAS INC.

Scott Ackerman President and CEO

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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward‐looking statements". Forward‐looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.