CALGARY, AB–(Marketwired – June 14, 2017) – InPlay Oil Corp. (“InPlay” or the “Corporation“) (TSX: IPO) (OTCQX: IPOOF) today announced the Toronto Stock Exchange (“TSX“) has accepted InPlay’s notice of intention to commence a normal course issuer bid (the “NCIB“). Under the NCIB, InPlay may purchase for cancellation, from time to time, as InPlay considers advisable, up to a maximum of 1,559,904 common shares of the Corporation (“Common Shares“), which represents 2.5% of the 62,396,169 issued and outstanding Common Shares as at today’s date. Purchases of Common Shares may be made on the open market through the facilities of the TSX and through other alternative Canadian trading platforms at the prevailing market price at the time of such transaction. The actual number of Common Shares that may be purchased for cancellation and the timing of any such purchases will be determined by InPlay, subject to a maximum daily purchase limitation of 16,103 Common Shares, which equates to 25% of InPlay’s average daily trading volume of 64,412 for the six months ended May 31, 2017. InPlay may make one block purchase per calendar week which exceeds the daily repurchase restrictions. Any Common Shares that are purchased by InPlay under the NCIB will be cancelled.