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Plate Resources Inc. announces term sheet with Nexgeo Inc.

August 24, 2014 – Vancouver, British Columbia.  Plate Resources Inc. (the “Company” or “Plate”) (TSXV-”PLR”) announces that it has executed a binding term sheet (the “TermSheet”) with Nexgeo Inc. (“Nexgeo”) under which it has agreed, subject to certain conditions including completing final due diligence and entering into a definitive agreement, to grant Nexgeo the right to acquire up to a 70% interest in and to the Company’s Lucky Mike Project (the “Project”) and, at Nexgeo's option, any other Korean company with which Nexgeo determines to partner with on the Project (together the “Consortium”), in consideration of the Consortium funding exploration of the Project as more particularly described below.

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Plate Resources Arranges $200,000 Loan

Vancouver, B.C. – June 12, 2014 - Plate Resources Inc. (TSXV: PLR) (the “Company” or “Plate”) is pleased to announce that it has obtained a demand loan in the amount of $200,000 (the “Loan”) from the Bank of Montreal. The Loan carries a rate of interest of prime + 1.5% per annum and is personally guaranteed by C. Harry Katevatis, President and a Director of the Company. Mr. Katevatis has also pledged his personal bank account as collateral for the Loan.

The Company has agreed, subject to TSX Venture Exchange approval, to grant Mr. Katevatis 100,000 bonus shares (the “Shares”) of the Company as consideration for providing his personal guarantee and account as collateral for the Loan.

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Plate Resources Announces Production Results of its Cardium Well in East Pembina

Vancouver, B.C. – May 22, 2014 - Plate Resources Inc. (TSXV: PLR) (the “Company” or “Plate”) is pleased to announce that its 1-30-46-1W5M well in East Pembina, Alberta, produced an average of 219 barrels of oil equivalent per day gross (94% oil) over a 7 day period since the well was placed on pump.  Plate owns a 50% working interest in the well and is looking forward to drilling additional wells on the earned land.

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Plate Resources Announces it has Successfully Completed its Cardium Well in East Pembina

Vancouver, B.C. – April 14, 2014 - Plate Resources Inc. (TSXV: PLR) (the “Company” or “Plate”) is pleased to announce that it has successfully fracked and completed the 1-30-46-1W5M well in East Pembina, Alberta.  The well was drilled to total length of 2,869 meters with a true vertical depth of 1,321 meters and was fracked in 20 stages with 400 tonnes of sand.

The well is now moving into the production testing phase. With the drilling of the 1-30-46-1W5M well, Plate is earning a 50% working interest within the Cardium formation in the section.

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Plate Resources announces grant of stock options

Vancouver, B.C. - March 28, 2014 - Plate Resources Inc. (TSXV: PLR) (the “Company” or “Plate”) announces that it has granted an aggregate of 1,700,000 incentive stock options (the “Options”) to individuals who are directors and officers of the Company.  All of the Options are exercisable at a price of $0.21 per share for a period of three (3) years.  The Options have been granted under and are governed by the terms of the Company’s incentive stock option plan.

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Plate Resources Announces Completion of Drilling of Cardium Well in East Pembina

Vancouver, B.C. - March 25, 2014 - Plate Resources Inc. (TSXV: PLR) (the “Company” or “Plate”) is pleased to announce that it has completed drilling of the 1-30-46-1W5M well in East Pembina, Alberta.  The well in which Plate earns a 50% working interest (see Press Release Dated January 24, 2014) is awaiting a multi-staged frac completion that is anticipated to occur over the next 2 weeks.

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Plate Resources Inc. Closes Second and Final Tranche of Flow- Through Private Placement

Vancouver, B.C. - March 24, 2014 - Plate Resources Inc. (TSXV: PLR) (the “Company” or “Plate”).

Further to the Company’s news releases of February 3, 2014 and February 20, 2014 announcing its non-brokered private placement (the “Private Placement”) of flow-through common shares (the “Shares”), the Company announces that it has closed the second and final tranche of the Private Placement for gross proceeds of $450,000. The Company distributed a total of 4,242,500 Shares pursuant to both tranches of the Private Placement, for aggregate gross proceeds of $848,500.

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Plate Resources announces drilling of cardium well in East Pembina

Vancouver, B.C. - March 17, 2014 - Plate Resources Inc. (TSXV: PLR) (the “Company” or “Plate”) is pleased to announce that it has commenced drilling the 1-30-46-1 well in East Pembina, Alberta. The well in which Plate earns a 50% working interest in (see Press Release dated January 24, 2014) commenced drilling of the production casing on March 14, 2014 with our partner Scollard Energy Inc., and is the first well for Plate. The well is planned to be drilled to a total measured depth of 2,800 meters in order to produce the Cardium oil target and is expected to be multi-staged frac completed in 4 to 8 weeks.

"We're extremely pleased to announce the drilling of 1-30 horizontal well, as it represents a great start for our Company as we enter the energy industry” said Marc Melnic, CEO of Plate.

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Plate Resources Inc. announces appointment of new Chief Executive Officer

Vancouver, B.C. - March 13, 2014 - Plate Resources Inc. (TSXV: PLR) (the “Company” or “Plate”) is pleased to announce that Mr. Marc Melnic, who has been a director of the Company since February 2014, has been appointed as the Company’s new Chief Executive Officer. Mr. C. Harry Katevatis has resigned as Chief Executive Officer of the Company, however Mr. Katevatis will remain the Company’s President and a member of the Company’s Board of Directors.

Plate would like to thank Mr. Katevatis for his contributions to the Company during his tenure as Chief Executive Officer, and looks forward to continuing to benefit from his role as director and President.

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Plate Resources closes $398,500 tranche of financing

March 6, 2014 - Vancouver, BC. Further to Plate Resources Inc.'s news releases of Feb. 3, 2014, and Feb. 20, 2014, about its non-brokered private placement of up to 5.5 million flow-through common shares at a price of 20 cents per share for gross proceeds of up to $1.1-million, the company has closed the first tranche of the private placement for gross proceeds of $398,500.

A total of $30,920 and 154,600 warrants ("Finder's Warrants) were paid as finder's fees in connection with the Private Placement. The Finder's Warrants are non-transferable, and are exercisable to purchase common shares of the Company at a price of $0.26 per common share for a period of one year from issuance. All securities issued pursuant to the Private Placement are subject to a hold period expiring four months and a day from the date of issuance.

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