Oronova Energy Inc. Announces Stock Option Grant

TSXV: ONV.H

VANCOUVER, May 27, 2020 /CNW/ - Oronova Energy Inc. ("Oronova" or the "Company") (TSXV: ONV) announces that an aggregate of 1.2 million incentive stock options have been granted to directors, officers and consultants of the Company exercisable at a price of $0.06 per share for a term of 10 years, subject to the approval of the TSX Venture Exchange.

On behalf of the Board of Oronova Energy Inc.

"Geir Liland"
Chief Executive Officer

Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein.

SOURCE Oronova Energy Inc.

Joanna Vastardis, CFO & Corporate Secretary, Tel: [phone]