Edge Resources : Announces Results of Annual General and Special Meeting

Edge Resources Inc. ('Edge' or the 'Company') announces the results of its annual general and special meeting (the 'Meeting') of shareholders of the Company held on Monday, April 11, 2016. The Meeting was held, in part, to seek the approval of shareholders for the delisting of the Company's common shares on the AIM Exchange. Shareholders approved the delisting from AIM by a 99.92% majority and the Company's admission to AIM will be cancelled on April 15th, 2016.

An aggregate of 13,377,953 common shares were represented at the meeting either in person or by proxy, representing approximately 7.86% of the issued and outstanding common shares of the Company.

All resolutions sought from shareholders in the Company's management Information Circular dated March 11, 2016 distributed to shareholders prior to the Meeting (the 'Information Circular') were carried by a positive vote of greater than 99.5% of shares voted at the Meeting. The resolutions included the following:

1. fixing the number of directors of the Corporation at three;

2. electing Brad Nichol, Scott Reeves, and Chris Cooper as the Directors for the ensuing year;

3. re-appointing Collins Barrow Calgary LLP, Chartered Accountants, the auditors of the Corporation for the ensuing year;

4. ratifying, adopting and re-approving the stock option plan of the Company;

5. cancelling admission of the Company's shares to trading on London's AIM exchange pursuant to Rule 41 of the AIM Rules;

6. approving the consolidation of the Company's issued and outstanding common shares on the basis of up to 20 to 1 existing Common Shares for new Common Shares;

7. approving the creation of a 'Control Person' within the meaning of the rules and policies of the TSX Venture Exchange;

all as further described in the Information Circular.

The Company had previously announced on April 5, 2016 that its lender ('ATB') had provided notice requiring payment in full of Edge's outstanding indebtedness plus interest, costs and fees by Monday, April 11, 2016 at 5:00 p.m. MST; however, the deadline is now Thursday, April 14, 2016 at 9:00 a.m. MST.

The Company is in continued discussions with its subordinated lender and other parties to acquire the debt from ATB. While the Company is hopeful and encouraged that a deal will be struck to acquire the debt, which would allow the Company to continue operating, there are no guarantees this will happen before the deadline imposed by ATB. If payment is not made, it is expected that ATB will undertake action to enforce its security shortly thereafter, which is a process that could take approximately one week to conclude.

For more information, visit the company website: www.edgeres.com or contact:

Brad Nichol, President and CEO Phone: [phone]

About Edge Resources Inc.

Edge Resources is focused on developing a balanced portfolio of oil and natural gas assets from properties in Alberta and Saskatchewan, Canada. Management has consistently focused on:

1. Shallow, vertical, conventional programs with reduced capital, operational and geological risks

2. Very high or 100% working interests and fully operated assets

3. Pools and horizons with large reserves in place

Forward-Looking Statements

This news release includes certain information, with management's assessment of Edge's future plans and operations, and contains forward-looking statements which may include some or all of the following: (i) anticipated production rates; (ii) expected results of capital programs; (iii) expected timelines for production optimization; (iv) net debt levels; (v) anticipated operating costs; and (vi) expected capital projects and associated spending; which are provided to allow investors to better understand the Company's business. By their nature, forward-looking statements are subject to numerous risks and uncertainties; some of which are beyond Edge's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, changes in environmental tax and royalty legislation, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources, and other risks and uncertainties described under the heading 'Risk Factors' and elsewhere in the Company's Management Discussion and Analysis and other documents filed with Canadian provincial securities authorities and are available to the public at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The principal assumptions Edge has made includes security of land interests; drilling cost stability; finance and debt markets continuing to be receptive to financing the Company, the ability of the Company to monetize non-core assets and industry standard rates of geologic and operational success. Actual results could differ materially from those expressed in, or implied by, these forward-looking statements. Edge disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For more information on the Company, Investors should review the Company's registered filings which are available at www.sedar.com.

This news release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

Trading in the securities of Edge Resources Inc. should be considered highly speculative. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.