Antler Hill Terminates Qualifying Transaction

CALGARY, ALBERTA--(Marketwired - Nov. 24, 2015) -

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Antler Hill Oil & Gas Ltd. (the "Corporation" or "Antler Hill") (TSX VENTURE:AHO.H), a capital pool company listed on the NEX, announces it will not be proceeding with its previously announced qualifying transaction with Innovative Alert Systems Inc. as originally disclosed on September 17, 2015 due to continued weakness in junior equity markets. The Corporation will continue identifying and evaluating other potential transactions.

Reinstatement to Trading

A further announcement regarding the resumption of trading will be issued shortly.

SEDAR

The Corporation has filed its Third Quarter Financial Statements on SEDAR.

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.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Corporation's control that may cause actual results or performance to differ materially from those currently anticipated in such statements. Such forward-looking statements include comments regarding the private placement and use of funds.