SATURN OIL & GAS INC. ("SMI")[formerly Saturn Minerals Inc. ("SMI")]BULLETIN TYPE: Name ChangeBULLETIN DATE: January 16, 2017TSX Venture Tier 2 Company

Pursuant to a board resolution passed December 6, 2016, the Company has changed its name as follows. There is no consolidation of capital.

Effective at the opening Tuesday, January 17, 2017, the common shares of will commence trading on TSX Venture Exchange, and the common shares of will be delisted. The Company is classified as a 'junior natural resource' company.

    Capitalization:                       unlimited  shares with no par value of
                                                     which

                                        145,210,219   shares are issued and
                                                     outstanding

    Escrow:                                     nil escrow shares


    Transfer Agent:  Computershare Trust
                     Company of Canada

    Trading Symbol: SMI                             (NO CHANGE)

    CUSIP Number:   80412L 10 7                     (new)