NEWS RELEASE FOR IMMEDIATE RELEASE Eagle's Directors Re-Elected at the Annual General Meeting Calgary, Alberta - June 27, 2017 (TSX: EGL): Eagle Energy Inc. announced that, at today's annual general meeting, the shareholders re-elected Eagle's directors. The vote results by director are presented below.

"I would like to thank shareholders for their support and patience during the proxy contest," said David Fitzpatrick, Eagle's Chairman. "Eagle's Board and management do not take lightly the trust placed in them by Eagle's shareholders. We remain focused on Eagle's operations and plans, are committed to reducing costs, and will continue to act in the best interests of Eagle and all its shareholders."

The voting results at the meeting for the election of directors were as follows:

Votes For

Votes Withheld

Richard Clark

11,838,473

365,122

David Fitzpatrick

11,861,773

341,822

Bruce Gibson

11,680,933

522,662

Warren Steckley

11,839,281

364,314

Full voting results will be available shortly under Eagle's profile at www.sedar.com.

Laurel Hill Advisory Group acted as Eagle's proxy solicitor and Bennett Jones LLP acted as Eagle's legal counsel in connection with the proxy contest.

About Eagle Energy Inc.

Eagle is an oil and gas corporation with shares listed for trading on the Toronto Stock Exchange under the symbol "EGL".

All material information about Eagle may be found on its website at www.EagleEnergy.com or under Eagle's issuer profile at www.sedar.com.

For further information, please contact:

Richard W. Clark

Chief Executive Officer (403) 531-1575

rclark@EagleEnergy.com

Kelly Tomyn

Chief Financial Officer (403) 531-1574

ktomyn@EagleEnergy.com

Eagle Energy Inc.

Suite 2710, 500-4th Avenue SW Calgary, Alberta T2P 2V6

(403) 531-1575

(855) 531-1575 (toll free)

2

Eagle Energy Inc. published this content on 27 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 June 2017 01:29:03 UTC.

Original documenthttp://www.eagleenergy.com/PublicDocuments/News/2017/2017 06 27 Eagle News Release.pdf

Public permalinkhttp://www.publicnow.com/view/B6284DBAF66BCAC336334345B103D36A0A536A93