Park Place Energy's Stockholders Approve Reincorporation in Delaware

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The company is now reincorporated as Park Place Energy Inc., a Delaware corporation. Park Place Energy Corp.,the former parent, is now a wholly owned subsidiary.

Park Place Energy Corp. (OTCQB: PKPL) (“PPEC” or the “Company”) held its previously announced special meeting of stockholders on November 11th. At the meeting, the stockholders approved the Company’s proposal to reincorporate from Nevada to Delaware.

Scott C. Larsen, the Company’s President and Chief Executive Officer, explained: “I thank our stockholders for their support in recognizing the importance of reincorporating the Company in Delaware. More than 95% of the voted shares endorsed our proposal. This represents a critical step to facilitate plans to grow the Company.”

About Park Place Energy
Park Place Energy is an energy company engaged in the exploration for oil and natural gas. For further information, please see our website: or email us: contact(at)parkplaceenergy(dot)com.

Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Company’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The Company undertakes no obligation to publicly revise or update any forward-looking statements for any reason. These statements include, but are not limited to, statements about the Company’s expansion and business strategies and anticipated growth opportunities and the amount of fundraising necessary to achieve it. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include operational and geological risks, the ability of the Company to raise necessary funds for exploration; the fact that the Company does not operate all its properties; changes in law or governmental regulations, including tax and environmental requirements; the outcome of commercial negotiations; changes in technical or operating conditions; and other factors discussed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K.

Company Contacts:
Scott C. Larsen, President and CEO
Francis M. Munchinski, Secretary and Treasurer
Park Place Energy Inc.

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