CALGARY, Alberta, June 14, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (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 June 14, 2021 to June 30, 2021. A further extension of the annual renewal and redetermination has been agreed upon in order to provide additional time for InPlay and the banking syndicate to finalize negotiation of terms.

For further information please feel free to contact:

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