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International Petroleum Corporation

11:20 AM EST - International Petroleum Corporation : Repurchased a total of 785,312 IPC common shares during the week of December 16 to 20, under the previously announced share repurchase program. The share repurchase program, announced by IPC on November 7, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation) and the applicable rules and policies of the Toronto Stock Exchange (TSX) and Nasdaq Stockholm and applicable Canadian and Swedish securities laws. During the week of December 16 to 20, IPC repurchased a total of 759,000 IPC common shares on Nasdaq Stockholm. All of these share repurchases were carried out by Pareto Securities AB on behalf of IPC. International Petroleum Corporation shares T.IPCO are trading up $0.13 at $5.73.