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Orca Announces Special Dividend

Posted on 18 January 2018

TORTOLA, British Virgin Islands 18 January 2018: Orca Exploration Group Inc. (TSX-V:ORC.A) (TSX-V:ORC.B) (“Orca” or the “Company“) today announced that its Board of Directors has declared a special cash dividend (the “Dividend”) of $0.60 (Cdn) per Class A Common Voting Share of the Company (“Class A Shares”) and $0.60 (Cdn) per Class B Subordinate Voting Share of the Company (“Class B Shares”). The Dividend will be payable on or about February 7, 2018 to holders of Class A Shares and Class B Shares of record on January 31, 2018.

About Orca Exploration Group Inc.

Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its wholly-owned subsidiary, PAET. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B. Orca’s Project Agreements are more fully described in the Company’s 2016 Annual Information Form, and available on www.orcaenergygroup.com.

For further information please contact:

  1. David Lyons,
    Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.