Full Deployment Expected in Q1 2020 in Utah

LAS VEGAS, NV / ACCESSWIRE / October 15, 2019 / Vivakor, Inc. (OTCPK:VIVK), a technology and asset acquisition company with a focus in the area of natural resources, announced it has closed its second royalty program for approximately $6 million.

The Royalty II program, later structured to invest in a Utah Opportunity Zone Business, was over-subscribed at $6 million. The funds went to complete the assembly and deployment of a Remediation Processing Center (RPC) containing Vivakor’s proprietary, patent-pending oil extraction technology. Management expects the RPCII, which is currently being assembled on an open oil sands mine in Eastern Utah, to be completed within 90 days, with revenues anticipated in Q1 2020. It is anticipated that RPCII will have an hourly processing capacity of 25 tons after deployment and will operate 24 hours a day, 6 days a week.

“The successful over subscription of our Royalty II Opportunity Zone offering is a major step forward in the Company’s financial business model. Project Machine financing in an opportunity zone manufacturing business allows the Company to have access to capital, and allows investors to participate in the opportunity zone incentive, with the potential of receiving quarterly cash flow from RPC production anticipated for 20 years. The Company intends to continue this form of fund raising and financing to work toward the deployment of at least 30 RPC’s over the course of the next 3 years,” stated Vivakor Chief Executive Officer Matt Nicosia.

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Premier Event for Civil Society at the United Nations on Global Concerns

LAS VEGAS, NV / ACCESSWIRE / August 23, 2019 / Vivakor, Inc. (OTC PINK:VIVK), a technology and asset acquisition company with a focus in the area of natural resources, is pleased to announce that it was specifically invited to participate in 68th United Nations Civil Society Conference by the Utah Governor’s Office of Energy Development and World Trade Center Utah.

The 68th United Nations Civil Society Conference is a 3-day event from Sunday, August 25 to Tuesday, August 27 at Salt Palace Convention Center in Salt Lake City, Utah. Vivakor will be presenting on Tuesday, August 27.

Vivakor Chief Executive Officer Matt Nicosia, commented, “We are pleased to have been selected to present at this 68th United Nations Civil Society. We are excited to have the opportunity to discuss how our technology and its applications solve issues of global concern to this prestigious international audience. Our clean energy technology focus on bitumen (heavy crude) extraction from shallow, oil-laden areas and petroleum-based remediation projects across the globe address global concerns of environmental sustainability and safe clean energy and water. We look forward to sharing our perspectives, technology, applications and outlook.”

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Remediation Processing Centers with Production Capacity of 250 Barrels of Crude Material per Day

LAS VEGAS, NV / ACCESSWIRE / September 23, 2019 / Vivakor, Inc. (OTCPINK:VIVK), a technology and asset acquisition company with a focus in the area of natural resources, is pleased to announce that it has received final permitting approval from the Utah Department of Natural Resources’ Division of Oil, Gas and Mining, along with the Utah Department of Environmental Quality’s Division of Water Quality and Air Quality. These permits will now allow Vivakor to operate on the private oil sands facility they contracted to purchase back in July of this year.

“We have passed yet another significant milestone for our company,” stated Vivakor Chief Executive Officer Matt Nicosia. “After having conducted a successful pilot of our technology on this property in the past, we have now secured the requisite permits from the state to scale up production, where each Remediation Processing Unit can process up to 700 tons of material, for an average of 250 barrels of crude material per day. All of this occurs in a fully enclosed, continuous feed operating system that uses no water and emits no harmful pollutants.”

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LAS VEGAS, NV / ACCESSWIRE / August 14, 2019 / Vivakor, Inc. (OTC PINK:VIVK), a technology and asset acquisition company with a focus in the area of natural resources, announces it will be launching a gold-backed cryptocurrency token later this year.

VivaCoins are blockchain tokens representing physical gold held in an insured storage account with the Delaware Depository Services Company, DDSC. The stored gold will be denominated in one-half Troy ounce investment grade coins minted exclusively for Vivakor, Inc. Each VivaCoin digital token will be backed by one VivaCoin physical gold coin. All digital value will be backed 1:1 with vaulted gold coins. Customers can use the Delaware facilities to store their metals within a Precious Metals IRA. All metals held in trust are professionally audited and insured.

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Plans to Deploy its Remediation Processing Center with Capacity of 250 Barrels of Crude Material per Day

LAS VEGAS, NV / ACCESSWIRE / July 17, 2019 / Vivakor, Inc. (OTC PINK: VIVK), a technology and asset acquisition company with a focus in the area of natural resources, is pleased to announce that it has entered into an option agreement to purchase a private oil sands facility, with multiple resource reports showing more than 44 million barrels of heavy crude material on the property. The property is in the vicinity of Vernal, Utah, in an area of the state known as the Uinta Basin with incredibly rich oil sand deposits.

“This is a very exciting development for the Company as we move closer to our goal of securing properties that cumulatively contain one billion barrels of recoverable crude,” stated Vivakor Chief Executive Officer Matt Nicosia. “Our team has become quite familiar with this property, and conducted a successful test of our proprietary, patent-pending Remediation Processing Center (RPC) technology on the site. We believe that our technology is the only proven process that can successfully separate hydrocarbon material from oil sands, in an environmentally-friendly and profitable way.”

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LAS VEGAS, NV / ACCESSWIRE / July 10, 2019 / Vivakor, Inc. (OTC Pink: VIVK), a technology and asset acquisition company with a focus in the area of natural resources, announces that its Proprietary Remediation Processing Center II (RPC) has completed the design and engineering phase of its latest, patent-pending technology and has commenced assembly.

“The finalization of design and engineering for RPC II is a very important milestone for the Company and the shareholders of the RPCII machine,” stated, Vivakor Chief Executive Officer Matt Nicosia. “This second-generation technology builds upon our proven, pioneering process of oil sand remediation. Not only can this latest process remediate substantially more contaminated oil sand material at approximately 700 tons a day, it can also reclaim and reuse virtually 100% of the natural solvents used and created in the proprietary, flash evaporation process. All of which results in the production of some 250 barrels a day of heavy crude material and light chain hydrocarbons.”

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Opportunity Zone Designation Brings Enormous Advantages for Investors

LAS VEGAS, NV / ACCESSWIRE / July 2, 2019 / Vivakor Inc. (OTC PINK: VIVK), a technology and asset acquisition company with a focus in the area of natural resources, has commenced manufacturing of its Remediation Processing Centers (RPCs) in a Utah Opportunity Zone, creating an enormous potential tax savings for its investors. The warehouse facility is located in South Salt Lake City, UT, and is currently operated by a qualified opportunity zone company, RPC Design and Manufacturing, LLC.

“The first Remediation Processing Center is well underway, and anticipated to be complete in the next 45 days, where it will be deployed to Eastern Utah to begin immediately in the remediation of oil sands and production of the enormous bituminous materials in that area,” stated Chief Executive Officer Matt Nicosia. “We plan to build more than 30 units over the course of the next 18 months at this facility, with each unit projected to produce 250 barrels of hydrocarbons a day.”

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CEO Matt Nicosia to Participate in Solutions to the Challenges of a Global Energy and Minerals Economy Panel

LAS VEGAS, NV / ACCESSWIRE / May 23, 2019 / Vivakor Inc. (OTC PINK: VIVK) (the ”Company”), a technology and asset acquisition company with a focus in the area of natural resources, is pleased to announce that the company has been invited to present at the Governor’s Energy Summit being held May 30, 2019 at the Grand America Hotel in Salt Lake City, UT. Matt Nicosia, Chairman and CEO, will be participating in a morning panel discussion on Local Solutions to the Challenges of a Global Energy and Minerals Economy. Other noted speakers include Utah’s Governor Gary Herbert, Energy Secretary for the United States and former Texas Governor Rick Perry, Wyoming’s Governor Mark Gordon and many others. There will be presentations and breakout sessions by both US and International leaders in the Energy Sector.

”We are excited to participate again in this esteemed Energy Summit, which is the largest event of its kind in the Intermountain West,” stated Chief Executive Officer Matt Nicosia. ”Utah not only has vast oil sand and mineral deposits, but is also viewed as a leader in driving innovations in the energy sector. We are honored to participate with other business leaders and policymakers, and view this as a recognition of our leadership position in the market.”

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CEO Matt Nicosia’s Presentation Will be Broadcast Via Live Stream

LAS VEGAS, NV / ACCESSWIRE / May 14, 2019 / Vivakor, Inc. (OTC Pink: VIVK), a technology and asset acquisition company with a focus in the area of natural resources, will be presenting via live stream at the MoneyShow in Las Vegas, Nevada, tomorrow, May 15, at 9am pacific standard time. Additionally, at 3pm pacific standard time, CEO Matt Nicosia will be participating in an Opportunity Zone investment panel.

“We are excited to be asked to participate again at a MoneyShow conference, presenting information to investors regarding our Opportunity Zone investment and participating in a special OppZone specific panel. Our presentation will be broadcast live at www.moneyshow.com,” stated Vivakor Chief Executive Officer Matt Nicosia.

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Major Milestone of Vivakor’s Technology on World’s Largest Oil Remediation Cleanup Project

LAS VEGAS, NV / ACCESSWIRE / May 2, 2019 / Vivakor, Inc. (OTC PINK: VIVK), a technology and asset acquisition company with a focus in the area of natural resources, announces that its Vivakor Middle East division commenced the site preparation necessary to commence using Vivakor’s patent pending technology in Kuwait. Vivakor Middle East has partnered with R&E Petroleum in Kuwait, which is a KOC approved vendor. R&E will be handling all the construction and personnel needs of Vivakor Middle East in Kuwait and has been a very important partner in preparing Vivakor’s patent pending Remediation Processing Center’s technology in that country.

“Vivakor has made incredible progress through this key relationship created with R&E Petroleum, and is pleased to announce that Vivakor Middle East will be partnering with R&E not only in Kuwait but in other Middle East North Africa (MENA) projects. R&E has a footprint not only in Kuwait but in many of the oil producing countries in the region. Vivakor philosophy has always been to seek the right operational partners to maximize the proprietary technology that has been created by the Company,” stated Vivakor Chief Executive Officer Matt Nicosia.

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