Calgary, Alberta--(Newsfile Corp. - February 26, 2021) - Loon Energy Corporation (NEX: LNE.H) ("Loon" or the "Company") announces that its board of directors has approved the issuance of 750,000 incentive stock options to certain directors and officers of the Company. The options are exercisable at $0.13 per share and expire February 26, 2024.

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