Calgary, Alberta--(Newsfile Corp. - December 29, 2021) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") reports that it has closed the private company acquisition (the "Acquisition") announced on December 20, 2021.

For further information, please contact:
Philip B. Hodge - President and CEO
Alan MacDonald -CFO and Corporate Secretary
Telephone: (403) 269-2289
Fax: (403) 265-7488
Email: info@pinecliffenergy.com

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