EastSiberian Plc (TSX NEX: ESB.H) announces extension of Memorandum of Understanding regarding its Latin American assets

Memorandum of Understanding

ST. HELIER, JERSEY, March 3, 2017 /CNW/ - EastSiberian Plc ("EastSiberian" or the "Corporation") is pleased to announce the extension of the memorandum of understanding dated August 26, 2016 from February 15, 2017 to May 15, 2017. This can be extended further if required and agreed to by the parties.

About EastSiberian

EastSiberian is an international junior oil exploration company incorporated in the Bailiwick of Jersey. For further information, please visit the EastSiberian Plc website at www.eastsiberianplc.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE EastSiberian Plc

For further information: EastSiberian Plc,Graeme Phipps, President, 9 Esplanade, St. Helier, Jersey, Tel: +44 7733 363 016 or +1 403 630 2367, Email: gphipps@eastsiberianplc.com

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