Primeline is an independent China focussed oil and gas exploration and production company with shares listed on the TSX Venture Exchange under the symbol “PEH”. We have signed a memorandum of understanding (“MOU”) to merge with Loyz Energy Limited. The merger will result in the creation of an ambitious pan-Asia/Pacific oil and gas company, listed on the Singapore Stock Exchange with significant production, cash flow and exploration upside in which existing Primeline shareholders will have the controlling position.