Vancouver, BC - TheNewswire - May 19, 2023 - Stamper Oil & Gas Corp. (the “Company”) (TSX-V:STMP) (FSE:TMP2) wishes to announce that it will unwind the Share Purchase Agreement with Copper Creek Mining Inc. (“Copper Creek) that had previously been announced in News Releases dated September 2, 2022, January 6, 2023 and February 15, 2023.

The Share Purchase Agreement was to acquire all of the issued and outstanding shares of Copper Creek which holds an option to acquire 100% interest (the “Option”) in the Perry River Property (“the Property) from the vendor. As a result of this transactional unwind Copper Creek will no longer be an owned subsidiary of the Company.

As of the date of this news release, Stamper has a total of 5,102,207 common shares issued and outstanding.

The 5,250,000 common shares of Stamper issued pursuant to the Agreement and subject to a 4-month hold period from the date of issue have been returned to Treasury.

About Stamper Oil & Gas

Stamper Oil & Gas Corp. (TSX‑V: STMP) is a resource company, seeking to acquire interests in mineral and/or oil & gas resource properties. The Company is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bryson Goodwin”
Bryson Goodwin, President & CEO, Chairman of Board of Directors

For further information, please contact:

Phone: 604‑341‑1531

Email: brysongoodwin@shaw.ca

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

Forward‑Looking Statements

This news release contains certain statements that may be deemed "forward‑looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Stamper Oil & Gas Corp. believes the expectations expressed in such forward‑looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Stamper Oil & Gas Corp. management on the date the statements are made. Except as required by law, Stamper Oil & Gas Corp undertakes no obligation to update these forward looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.