Molori Energy Plans To Drill Red Cave Formation; Announces Private Placement Offering – 4/11/2017

Vancouver, British Columbia–(Newsfile Corp. – April 11, 2017) – Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) (“Molori” or the “Company”) is pleased to announce that its partner, Ponderosa Energy LLC, has optioned an undivided interest in approximately 4,000 acres with Red Cave rights in Moore County, Texas.