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

February 12, 2016 - Vancouver, BC (TSX-V: PPC) Patriot Petroleum Corp. ("Patriot" or the "Company") today announced that it intends to complete a private placement for gross proceeds of $500,000 (the "Financing"), which is expected to consist of units, with each unit comprised of one common share and one common share purchase warrant, at a price of $0.02 per unit, or such other price per unit determined by Patriot management in compliance with TSX Venture Exchange (the "Exchange") pricing regulations. Each whole share purchase warrant will be exercisable to acquire one common share of the Company at a price of $0.05 per share for a period of five years following the closing of the Financing. The Financing may be brokered or non-brokered and commissions and/or finder's fees in cash or securities may be payable in connection with the Financing subject to compliance with Exchange policies. Proceeds from the Financing are expected to be used for ongoing working capital requirements.

All securities issued pursuant to the Financing will be subject to a hold period as required under applicable securities legislation.

On behalf of the board of

PATRIOT PETROLEUM CORP.

Per: "Gavin Cooper"

Gavin Cooper President and Director

For further information please contact Gavin Cooper at:

Telephone: (604) 639-9051

THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. 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 PRESS RELEASE.