Ukraine Donbass Coal Basin

Bulgaria Carpathian Balkan Basin

Georgian Basin

Letter to shareholders December 2015

Iskander Energy Corp. (the ”Company” or “Iskander”) has received a financing offer from a group of existing shareholders whose current collective ownership represents approximately 30% of the outstanding shares in Iskander. The offer is to provide up to CAD $600,000 of equity financing at a price of $0.000023/ common share. Under the proposal, other existing shareholders are being offered the opportunity to participate and protect their existing pro rata interest in the Company.

Letter to shareholders December 2015

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