Press Releases:

MCW Energy Group Issues Bonus Shares And Additional Drawdown Of Debenture

Toronto, Ontario, Canada – July 30, 2014 – MCW Energy Group Limited (“MCW”) (TSXV: MCW; OTCQX: MCWEF), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces that it has agreed to issue each of Dalex Investments, Inc. and Dalex Holding, Inc., private California company’s wholly owned and controlled by Alex Blyumkin, an officer and director of the Corporation, 469,962 common shares in consideration for providing collateral to secure fuel advances of up to US$2,100,000 made by Phillips 66 Company to MCW Fuels, Inc., a wholly owned subsidiary of MCW. The common shares issued will be subject to a US restrictive legend as well as a four month statutory and TSX Venture Exchange (the “Exchange”) hold period from the date of issuance. The issuance is subject to final approval of the Exchange.

Mr. Blyumkin is an officer and director of MCW thereby making the issuance of the bonus shares a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). The issuance was exempt from the formal valuation approval requirements of MI 61-101 as none of the securities of MCW are listed on a prescribed stock exchange. The issuance was exempt from the minority shareholder approval requirements of MI 61-101 as at the time the transaction was agreed to, neither the fair market value of the transaction, nor the fair market value of the consideration for, the transaction, insofar as it involves interested parties, exceeded 25% of MCW’s market capitalization.

Following completion of the above noted share issuance MCW will have a total of 46,918,577 common shares issued and outstanding.

In addition, MCW announces a second drawdown of US$657,000 under the secured convertible debenture for up to a maximum aggregate principal amount of US$2,000,000 to Alex Blyumkin, an officer and director of MCW, previously announced on June 25, 20014. The US$657,000 will be convertible into common shares of MCW at $1.00 per common share. A total of US$1,796,000 of the US$2,000,000 has now been borrowed by MCW from Mr. Blyumkin under the debenture.