Strategic Oil & Gas Ltd. Announces Effective Date of Share Consolidation

CALGARY, ALBERTA–(Marketwired – March 6, 2017) – Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSX VENTURE:SOG) advises that, effective today, the Company’s common shares will start trading on the basis of one (1) post-consolidation common share for twenty (20) pre-consolidation common shares. As a result of the consolidation, the Company has approximately 46.4 million common shares outstanding. The Company’s trading symbol will remain “SOG”. The shareholders approved the consolidation of the company’ shares by a special resolution at the Company’s annual general meeting on May 5, 2016.