C04151-2016

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

PetroEnergy Resources CorporationPERC

PSE Disclosure Form 4-29 - Disbursement of Proceeds and Progress Report References: Memorandum No. 626 - 2007 dated December 20, 2007
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Quarterly Progress Report for the Second Quarter Ended June 30, 2016

Background/Description of the Disclosure

Report on the Use of Proceeds from the Stock Rights Offering undertaken on May 11 to 15, 2015.

Other Relevant Information

Please see attached.

Filed on behalf by:
Name Arlan Profeta
Designation Head/ Alternate Chief Information Officer