Eagle Oil Holding Company Announces Cancellation Of All Negotiations With InPlays Sports Corp.

RENO, Nev., April 16, 2013

Brian Wilmot, President and CEO of Eagle stated, "Mr. Barwicki stated that I had resigned as President and CEO, but that was not true. Mr. Barwicki made many commitments to enact the merger, but failed to complete any of his pledges. InPlays Sports/Barwicki was unable or unwilling to complete the transaction and provide firm shareholder and creditor protections in the agreement, without which Eagle could not proceed. Too many variations of the original concept was just not credible."

After reviewing all of the information, misrepresentations and changes in the various offers, (4) Eagle Oil Holding Company canceled the agreement with InPlays Sports Corp. Eagle plans to go back to its oil production and technology roots and begin a new period of growth.

Forward- Looking Statements

Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Eagle Oil Holding Co. and InPlays Sports Corp are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the United States Securities and Exchange Commission.

Contact Information:
Brian Wilmot
(209) 736-4854

SOURCE Eagle Oil Holding Company