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News Release - July 7, 2020Pinnacle Renewable Energy Announces Fiscal 2020 Second Quarter Conference Call / Webcast

/NOT FOR DISTRIBUTION IN THE UNITED STATES/

VANCOUVER,  BC, July 7, 2020 /CNW/ - Pinnacle Renewable Energy ("Pinnacle" or the "Company") (TSX: PL) will release its Fiscal 2020 second quarter financial results after market close on Monday, August 10, 2020. Robert McCurdy, CEO, and Andrea Johnston, CFO, will host a conference call for investors and analysts on Tuesday, August 11, 2020 at 11:00 am Eastern Time.

The dial-in numbers for the conference call are 416-764-8688 or 1-888-390-0546. A live webcast of the call will be accessible via Pinnacle's website at: http://pinnaclepellet.com/investors/presentations-events. The webcast will be accessible via archive following the conclusion of the call.

To access a replay of the conference call dial (416) 764-8677 or 1-888-390-0541, passcode: 857317#. The replay will be available until August 18, 2020.

About Pinnacle

Pinnacle is a growing industrial wood pellet manufacturer and distributor and the third largest producer in the world. The Company produces sustainable fuel for renewable electricity generation in the form of industrial wood pellets. This fuel is used by large-scale thermal power generators as a greener alternative to produce reliable baseload renewable power. Pinnacle is a trusted supplier to its customers, who require reliable, high-quality fuel supply to maximize utilization of their facilities. Pinnacle takes pride in its industry leading safety practices. The Company operates eight industrial wood pellet production facilities in western Canada and one in Alabama, with two additional facilities under construction in Alberta and Alabama. The Company also owns a port terminal in Prince Rupert, B.C. Pinnacle has entered into long-term take-or-pay contracts with utilities in the U.K., Europe and Asia that represent an average of 99% of its production capacity through 2026.

SOURCE Pinnacle Renewable Energy Inc.

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