Saturn Oil & Gas Inc. Closes Over-Subscribed Equity Financing and Convertible Loan Agreement Totaling C$2,020,800

SASKATOON, SASKATCHEWAN--(Marketwired - Dec. 4, 2017) - Saturn Oil & Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI) (FRANKFURT:SMK) is pleased to announce that it has closed its over-subscribed equity financing receiving subscriptions totaling C$520,800, subject to TSX Venture Exchange ("TSXV") approval. The Company has also entered into a convertible loan agreement (the "Loan Agreement") with Digistore24 GmbH ("Digistore"), pursuant to which Digistore will lend Saturn C$1,500,000 (the "Loan").