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Dakota Plains Holdings: Press Release Dated September 18, 2015

The following excerpt is from the company's SEC filing.

Exhibit 99.1

Dakota Plains HOLDINGS, INC. ANNOUNCES NOTICE OF

NONCOMPLIANCE WITH NYSE MKT CONTINUED LISTING STANDARDS

Company Will Submit Plan to Regain Compliance Shortly

NYSE MKT Rules Allow Up to 18 Months to Regain Compliance

— Dakota Plains Holdings, Inc. (“Dakota Plains”) (NYSE MKT: DAKP) today announced that the Company received a notice of noncompliance from the NYSE MKT stock exchange (the "Exchange") on September 14, 2015, indicating that the Exchange has determined that the Company is not in compliance with Sections 10 03 of the Exchange's Company Guide (the "Company Guide") due to the fact that the Company reported a stockholders’ deficit of approximately $3.1 million in its quarterly report on Form 10-Q for the three months ended June 30, 2015, and has incurred net losses in its four most recent fiscal years ended December 31, 2014. The recognition of the contingent liability for future volumes transloaded through the Pioneer Terminal over the next twelve years, was a contributing factor to the stockholders’ deficit. The Company intends to revalue the contingent liability in the next quarter based upon the Company’s actual and forecasted volumes.

The Company Guide requires that a listed company...


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