PHI Group Extends Record Date for Special Stock Dividend in American Pacific Resources, Inc. to December 31, 2019

Except for the new Record Date, the provisions for the afore-mentioned stock dividend remain the same as follows: (a) Eligible shareholders: In order to be eligible for the above-mentioned special stock dividend, a shareholder of PHI Group, Inc. must hold at least twenty (20) shares of Common Stock of PHI Group, Inc. as of December 31, 2019 (the new Record Date); (b) Dividend ratio: All eligible shareholders of Common Stock of the Company will be entitled to receive one (1) share of Common Stock of American Pacific Resources, Inc. for every twenty (20) shares of Common Stock of PHI Group, Inc. held by such shareholders as of the new Record date; and (c) Payment Date: the Payment Date for the distribution of the special stock dividend to be ten (10) business days after a registration statement for said special stock dividend shares is declared effective by the Securities and Exchange Commission.