Decklar Resources Inc. announces that further to its press releases dated August 31, September 30, 2020, November 2, 2020, and November 23, 2020 regarding the Subscription Agreement entered into with a subsidiary of San Leon Energy Plc, the parties have agreed to extend the completion date to early in the new year in order to finalize certain conditions precedent in the Subscription Agreement.

Closing of this transaction has continued to take longer than expected due to various travel and logistical restrictions in place as a response to Covid-19.  Despite these delays, progress has continued.  Due to the nearing Christmas/New Year holiday season, the parties have decided to extend the completion of this transaction to early 2021. All other terms of the transaction remain unchanged.

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