FECOF FEC Resources Inc.

FEC Resources Clarifies Rights Offering Requirements

Vancouver, British Columbia--(Newsfile Corp. - July 24, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") wishes to clarify the terms of its previously announced rights offering. As announced, each eligible shareholder of record will receive 40 rights for every 20 shares they own on the record date. To further clarify, a minimum of 20 shares are required to participate in the offering and participation will only be accepted for multiples of 20 shares so that no fractional rights or shares will be issued.

QUESTIONS

If you have any questions relating to the Rights Offering, please contact the information agent, Laurel Hill Advisory Group at 1-877-452-7184 (toll-free in North America), 1-416-304-0211 (outside North America), or by email at

On behalf of the Board of,

FEC Resources Inc.

Paul Wallace

Director

To view the source version of this press release, please visit

EN
24/07/2020

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Reports on FEC Resources Inc.

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FECOF FEC Resources I...

FEC Resources Announces Board and Management Changes

Vancouver, British Columbia--(Newsfile Corp. - October 29, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") announces a number of changes to the Company's Board of Directors and management roles which will be effective October 30, 2020. Mr. Paul Wallace has resigned as President, Chief Executive Officer and Chief Financial Officer of the Company. Mr. Wallace will continue to serve as a non-executive director of the Company.Mr. Daniel Stephen Carlos has been appointed to the Board of Directors of the Company filling the vacancy left by the previously announced retirement o...

October 29, 2020 1 EN
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FEC Resources Shares PXP Response to Philippine Stock Exchange

Vancouver, British Columbia--(Newsfile Corp. - October 19, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") provides the following response that PXP Energy Corporation ("PXP") provided to the Philippine Stock Exchange in response to the recent stock trading activity."We reply to your letter dated 16th October 2020 with Ref. No.: OSD-20-0406, received by PXP Corporation (the "Company" or "PXP") on the same date, noting an unusual price movement in the trading of PXP shares at 09:30:00 AM today of which the share price of PXP increased from PhP5.15 to PhP7.72 per share.The ...

October 19, 2020 1 EN
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FECOF FEC Resources I...

FEC Resources Announces Retirement of Director

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2020) -  FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") regrettably announces that Mr. Lyle Brown will be retiring from the board of the Company for health reasons effective October 31, 2020. Mr. Brown currently acts as an independent non-executive director and Chairman of the Company's Audit Committee. Paul Wallace, President stated: "We were fortunate indeed to have Lyle join us in 2013. He offered an independent mindset and came with a reputation of being a professional accountant of high integrity. He has provided ...

October 16, 2020 1 EN
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FEC Resources Reports Media Reports on Lifting of Ban on Oil and Gas E...

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") wishes to advise the market that it has become aware of media reports in the Philippines, which if correct, will potentially impact the Company's investment in Forum Energy Limited and its main asset Service Contract 72. Please refer to the link below which states that "Energy Secretary Alfonso Cusi said a "resume-to-work" notice has already been issued to contractors of Service Contract 59 in West Balabac, Palawan, Service Contract 72 which covers Recto Bank, also k...

October 16, 2020 1 EN
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FEC Resources Announces the Results of Its Rights Offering, the Conver...

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") announces today that it completed its previously announced Rights Offering on July 31, 2020, receiving gross proceeds of approximately US$846,750, and converted into equity the Rights Offering Advance of US$170,111 previously received from PXP Energy Inc. ("PXP"), details of which were announced by the Company on April 14, 2020. This has resulted in the Company issuing a total of 451,938,606 new shares. The related transaction costs of the Rights Offering are anticip...

August 3, 2020 1 EN

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