REG-Bankers Petroleum Limited: Block Admission Return <Origin Href="QuoteRef">BNK.TO</Origin>

Big Banc SplitAnnouncement

10/03/2016 07:00

Bankers Petroleum Ltd.                             

                           800, 777 - 8th Avenue SW                            

                                 Calgary, AB                                   

                                    T2P 3R5                                    

                      Tel: 403 513-2699 Fax: 403 228-9506                      

March 9, 2016

Block Admission Return

The Company makes the following announcement with respect to the issuance of
common shares, options, restricted share units (RSU's) and warrants for the
period from September 1, 2015 to February 29, 2016.

COMMON SHARES ISSUED & OUTSTANDING

Shares               Options         RSU's         Warrants         Shares     
Outstanding         Exercised      Exercised      Exercised      Outstanding   
September 1, 2015                                                February 29,  
                                                                     2016      
                                                                               
   261,424,328          0           133,056           0          261,557,384   

OPTIONS OUTSTANDING

Stock Options      Stock                                   Price $/    Stock Options 
  Outstanding     Options    Stock Options Stock Options     share      Outstanding  
 September 1,    Exercised      Granted      Cancelled      (Cdn.)     February 29,  
     2015                                                                  2016      
                                                                                     
     25,285,903                     12,000                       2.02                
                                                                                     
                                     9,000                       2.05                
                                                                                     
                                    21,000                       1.73                
                                                                                     
                                    21,000                       1.80                
                                                                                     
                                    21,000                       1.91                
                                                                                     
                                                    1,850        2.12                
                                                                                     
                                                  179,563        2.12                
                                                                                     
                                                  130,000        2.62                
                                                                                     
                                                   31,401        2.62                
                                                                                     
                                                   70,000        3.95                
                                                                                     
                                                   23,334        3.95                
                                                                                     
                                                3,173,584        4.51                
                                                                                     
                                                   25,000        4.53                
                                                                                     
                                                  120,000        4.67                
                                                                                     
                                                2,896,500        4.83                
                                                                                     
                                                1,295,000        4.84                
                                                                                     
                                                    5,000        4.85                
                                                                                     
                                                   35,000        4.95                
                                                                                     
                                                   35,000        4.97                
                                                                                     
                                                   35,000        5.82                
                                                                                     
                                                   85,000        5.93                
                                                                                     
                                                   10,000        6.15                
                                                                                     
                                                   35,000        6.16                
                                                                                     
                                                   25,000        6.24                
                                                                                     
                                                   38,333  6.68                      
                                                                                     
                                                   25,000        6.76                
                                                                                     
                                                   25,000        6.82                
                                                                                     
                                                   50,000        7.00                
                                                                                     
     25,285,903            0        84,000      8,349,565                  17,020,338

Stock Options are issued in accordance with the Bankers Stock Option Plan.

RESTRICTED SHARE UNITS (RSU'S) OUTSTANDING

RSU's Outstanding  RSU's          RSU's Issued     RSU's cancelled RSU's             
September 1, 2015  Exercised                                       Outstanding       
                                                                   February 29, 2016 
                                                                                     
           744,647        133,056           33,600          54,207      590,984      
                                                                                     
           TOTALS:                                                                   
                                                                                     
                          133,056           33,600          54,207      590,984      

WARRANTS OUTSTANDING

Warrants         Warrants       Warrants       Warrants    Exercise    Warrants       
Outstanding      Exercised      Issued         Expired     Price $/    Outstanding    
September 1,                                               share       February 29,   
2015                                                       (Cdn.)      2016           
                                                                                      
         200,000              0              0           0        3.08     200,000    
                                                                                      
         TOTALS:                                                                      
                                                                                      
         200,000                             0           0        3.08     200,000    
                       0                                                              

On October 1, 2008, the Company applied to AIM for a block listing entitlement
of 19,099,529 of common shares, which was fully utilised. Subsequently, on
March 7, 2014 the Company applied to AIM for a block listing entitlement of
25,737,660 of common shares, of which 5,899,557 common shares had already been
issued as at the date of this return. Therefore for the period commencing
February 29, 2016, there are 19,838,103 common shares remaining under the block
listing entitlement.

As at February 29, 2016, the total issued share capital of the Company is
261,557,384 common shares, 17,020,338 options, 590,984 restricted share units
and 200,000 warrants outstanding.

This press release is being issued in compliance with the rules of the AIM
market of the London Stock Exchange.

For more information please contact:

Douglas Urch
Executive VP, Finance & Chief Financial Officer
(403) 513-2691
(403) 228-9506

AIM NOMAD:
Canaccord Genuity Limited
Henry Fitzgerald-O'Connor
+44 20 7523 8000

AIM BROKER:
FirstEnergy Capital LLP
Hugh Sanderson / David van Erp
+44 0 207 448 0200



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