Regina - HTC Extraction Systems (also the 'Company' and/or 'HTC') (HTC: TSX-V) (OTCQB: HTPRF) announces that, further to its announcements on July 15, 2020 and July 20, 2020, it no longer intends to acquire an equity interest in; or enter into a technology licensing agreement with, a US based clean energy technology company ('Proposed Transactions').

As a result, HTC will no longer issue the previously announced units, which proceeds were intented to fund the Proposed Transactions.

Contact:

Lionel Kambeitz

Tel: 306 359 3448

Email: lpk@htcextraction.com

HTC corporate developments can be followed on www.htcextraction.com and is traded under the symbol HTC

HTC Purenergy Inc. (OTCQB: HTPRF) trades on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process.

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