STRIKER OIL & GAS, INC.

21 May 2007capital raising announcement● NeutralMajor

On May 17, 2007 Unicorp signed a deal with Cornell Capital for up to $7,000,000 of loans, with a $3,500,000 secured convertible debenture issued at closing and another $3,500,000 possible later. The debenture converts at $0.50 per share (reset downward if shares are later sold lower) and matures November 2009. Cornell also received warrants over 8,121,500 shares at $0.55 to $0.90, and the company pledged a security interest in its assets. Late registration could trigger penalties of 1% a period up to 12%. Conversion and warrants could dilute shareholders (inference).

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15 Aug 2005capital raising announcement● NeutralMajor

On August 8, 2005 Unicorp agreed with Cornell Capital Partners to sell up to $10,000,000 of common stock over time at 96% of the lowest closing bid, with Cornell keeping 5% of each advance. Advances are capped at $2,000,000 per five business days and depend on an effective registration statement. Cornell received 322,222 shares ($300,000) as a commitment fee, and the placement agent Monitor Capital received 11,111 shares. Selling shares this way may dilute existing holders (inference).

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