Press Releases:

MCW Energy Group Announces Shares for Debt Transactions

TORONTO, ONTARIO--(Marketwired - Oct. 3, 2014) - MCW Energy Group Limited ("MCW") (TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces that it has entered into three agreements with arms-length service providers, pursuant to which MCW will issue an aggregate of 213,503 common shares in satisfaction of indebtedness of US$216,157.52 currently owed to such service providers.

MCW determined to satisfy the indebtedness with common shares in order to preserve its cash for use on the construction of its extraction technology in the Uinta Basin of Utah, USA. The shares will be issued upon acceptance by the TSX Venture Exchange. The common shares issued in satisfaction of the indebtedness will be subject to a four month statutory hold period from the date of issuance as well as a US restrictive legend.

Following completion of the issuance of the 213,503 common shares, MCW will have a total of 49,588,839 common shares issued and outstanding.