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Inplay Oil Corp TSX: IPO-T

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InPlay Oil Corp. Announces Extension of Credit Facility

GlobeNewswire - Mon May 31, 8:30PM CDT

InPlay Oil Corp. (TSX:IPO.TO) (OTCQX:IPOOF) ("InPlay" or the "Company") announces that the maturity date applicable to and redetermination of the borrowing base under the Company's Senior Credit Facility has been extended from May 31, 2021 to June 14, 2021. InPlay and its banking syndicate are in the process of negotiating the annual renewal and redetermination and have agreed to the extension in order to provide additional time to finalize terms.

For further information please feel free to contact:

Doug Bartole                           Darren Dittmer
President and Chief Executive Officer  Chief Financial Officer
InPlay Oil Corp.                       InPlay Oil Corp.
Telephone: (587) 955-0632              Telephone: (587) 955-0634

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