TAAT Global Alternatives Inc. (TOBAF)

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A quiet but green day for $MOLOF...

Molori currently owns a 25 percent working interest in certain leases located in the bifurcated Texas panhandle owned by Texas-based independent oil and gas producer Ponderosa Energy, LLC ("Ponderosa"). This latest NI 51-101 covers 66 of the leases in which Molori holds a working interest. Work is ongoing in a further 13 leases owned by Molori and Ponderosa, but not covered by this report. It is anticipated that the leases not covered by this report will constitute part of the next NI 51-101 presently being prepared on behalf of Ponderosa.