In Receivership:

Petrocapita Income Trust (CSE:PCE.UN) (the “Trust”) announces that as of June 11, 2019, the Court of Queens Bench of Alberta has appointed Hudson and Company Insolvency Trustees Inc (the “Receiver”) as Receiver and Manager of Petrocapita G.P. I Ltd and Petrocapita Oil and Gas L.P. The Receivership Order (the "Order") was granted upon the application of Safeway Holdings (Alberta) Ltd., one of the secured creditors of Petrocapita G.P. I Ltd and Petrocapita Oil and Gas L.P.