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Published in TZ Latest News 10 October, 2017 by The TZ Newswire Staff

Madalena Announces the Issuance of Warrants to Hispania Petroleum S.A.

CALGARY, Alberta, Oct. 10, 2017 (GLOBE NEWSWIRE) — Madalena Energy Inc. (“Madalena” or the “Company”) (TSXV:MVN) and (OTCQX:MDLNF) announces that, in connection with the previously announced services agreement (“Services Agreement”) that the Company entered into with Hispania Petroleum S.A. (“Hispania”), it issued an aggregate of 4,758,333 common share purchase warrants (“Warrants”) to Hispania for services rendered pursuant to the Services Agreement.

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