NOTICE

The subject involuntary delisting proceeding arose from the continuing violations by Unioil Resources & Holdings Company, Inc. (the “Company”) of the Exchange’s Consolidated Listing and Disclosure Rules, as amended (the “Rules”), particularly the non-submission of structured reports, non-payment of the penalties for disclosure violations, and having negative stockholders’ equity since the year ending December 31, 2000.

A. Continuing violations of the Rules for non-submission of the following structured reports and non-payment of the applicable fines and penalties:

1. Annual Reports for the years 2017 to 2022; and
2. Quarterly Reports for the period ended March 31, 2018 to September 30, 2022; and

B. Having negative stockholders’ equity since the year ending December 31, 2000.

The foregoing constitute grounds for delisting and the imposition of relisting prohibition under the Exchange’s Delisting Rules.

Pursuant to the PSE Rules on Delisting, the Company is prohibited from applying for relisting within a period of five (5) years from the effective date of delisting, and its directors and executive officers are disqualified from being elected as such in any company applying for listing within five (5) years from the effective date of delisting.

PSE Memorandum CN-No. 2023-0025 dated May 24, 2023