SASKATOON, SK–(Marketwired – October 14, 2016) – GFG Resources Inc. (“GFG” and or the “Company”) and Crest Petroleum Corp. (TSX VENTURE: CTP.H) (“Crest”) are pleased to announce the receipt of the required shareholder approvals for the previously announced plan of arrangement (the “Arrangement”). On closing of the Arrangement, Crest will acquire 100% of the issued and outstanding securities of GFG in exchange for like securities of Crest on a one for one basis that will result in a reverse take-over and change of control of Crest by the shareholders of GFG.

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