Item 7.01 Regulation FD Disclosure

On April 26, 2022, Daybreak Oil and Gas, Inc. ("Daybreak", the "Company", or "we") announced the Company will be holding a Special Shareholder Meeting as we near completion of the Acquisition of Reabold California LLC.

The purpose of the Special Meeting, among other things, is to consider and vote upon a proposal to approve the Equity Exchange as contemplated by the Equity Exchange Agreement (as amended, the "Exchange Agreement") by and between Daybreak, Reabold California LLC, a California limited liability company ("Reabold"), and Gaelic Resources Ltd., a private company incorporated in the Isle of Man and the 100% owner of Reabold ("Gaelic"). This proposal will require 66.67% approval of all the shareholders entitled to vote on March 22, 2022. A proxy statement containing this, and other items of business along with a ballot for voting, has been mailed on or about April 21, 2022 to all shareholders eligible to vote.

A copy of the news release is attached as Exhibit 99.1 and is incorporated herein by reference.

The proxy statement, letter to shareholders from our President and Chief Executive Officer, and 2021 Annual Report on Form 10-K are also available on our website at www.daybreakoilandgas.com, from commercial document retrieval services and on the website maintained by the SEC at https://www.sec.gov. We urge investors to read the relevant documents filed with the SEC because they contain important information.

Item 9.01 Financial Statements and Exhibits.






(d)    Exhibits.



 Number Exhibit





 99.1*   Press Release issued by Daybreak Oil and Gas, Inc., on April 26, 2022.

104 Cover Page Interactive Data File (formatted in Inline XBRL).






 * Filed herewith.






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