Leucrotta Exploration Inc.: Leucrotta Announces Q1 2021 Financial and Operating Results Calgary, Alberta--(Newsfile Corp. - May 27, 2021) - LEUCROTTA EXPLORATION INC. (TSXV: LXE) ("Leucrotta" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2021. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Closed a bought-deal public financing issuing 45.2 million units of the Company ("Units") at a price of $0.73 per Unit for gross proceeds of $33.0 million. Each Unit is comprised of one common share of the Company and 0.5 common share purchase warrant of the Company. Each whole common share purchase warrant entitles the holder to purchase one common share at an exercise price of $1.00 per common share expiring on March 31, 2023.