Waldron Energy Corporation (TSX:WDN) has engaged Cormark Securities Inc. as its exclusive financial advisor to assist the corporation to pursue the sale of a material portion of the assets of the corporation, either in one transaction or in a combination of transactions; a merger or other business combination; the outright sale of the corporation; or some combination thereof. While due consideration will be given to all alternatives, the Board of Directors of the corporation believes that a sale of one or a combination of assets is most likely to best enhance shareholder value.