CALGARY, May 21, 2020 /CNW/ – Pulse Oil Corp. (TSX-V:PUL) (the “Company” or “Pulse“) is pleased to announce that it intends to complete a brokered private placement (the “Private Placement“), whereby the Company and a wholly owned subsidiary of the Company, Pulse Oil Operating Corp (“OpCo“) will issue an aggregate number of units (the “Private Placement Units“) comprised of securities issued by the Company and OpCo for gross proceeds of up to $30,900,000.