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Advantagewon Appoints Mr. Victor Hugo as Its Chief Financial Officer

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Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - Advantagewon Oil Corp., (CSE: AOC) (OTC Pink: ANTGF), (the "Corporation", or "AOC") announced today that Mr. Victor Hugo has been appointed as Chief Financial Officer with immediate effect replacing Mr. Frank Kordy who remains in his current role as Secretary of the Corporation and who was serving in the capacity of Interim CFO.

Mr. Hugo is senior financial analyst at Marrelli Support Services Inc., providing CFO, accounting, regulatory compliance, and management advisory services to numerous issuers on the TSX, TSX Venture Exchange and other Canadian and U.S. exchanges. Mr. Hugo is a CPA, CMA and he also holds a Bachelors of Commerce with Honors specializing in accounting and cost and management accounting from Potchefstroom University in South Africa. Mr. Hugo currently serves as the CFO for several CSE and TSX listed companies. Furthermore, he has over 20 years' experience in the mining and manufacturing sectors, with responsibility for accounting, budgeting and financial reporting.

Advantagewon Oil Corp.

AOC is focused on becoming a diverse energy producer. We currently have silos in oil, gas and solar. AOC's common shares are listed on the OTC Markets in the United States and on the Canadian Securities Exchange ("CSE") in Canada. AOC is a member of the CSE Composite Index (CSE: AOC). For more information please visit www.aoc-oil.com.

For further information please contact:

Mr. Paul Haber
Executive Chairman
Advantagewon Oil Corp.
T: (416) 318-6501

Mr. Frank Kordy
Secretary & Director
Advantagewon Oil Corp.
T: (647) 466-4037

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100386

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