CANEX Energy Announces Appointment of Director

CANEX ENERGY CORP. #1305 - 1090 West Georgia Street Vancouver, BC V6E 3V7 Tel: 604-685-9316 Fax: 604-683-1585 www.canexenergy.com

NEX BOARD SYMBOL: CSC.H April 13, 2018

CANEX ENERGY ANNOUNCES APPOINTMENT OF DIRECTOR

Vancouver B.C., Canex Energy Corp. ("Canex" or the "Company") (NEX Board: CSC.H) is pleased to Announce the Appointment of Mr. Iain Butler to the Board of Directors.

Mr. Butler has over 25 years’ experience in various senior financial and general management roles. He is currently with Kal Tire serving as the VP of Finance for their Mining group where he is a member of the Board of Directors for Kal Tire’s International entities. Iain has completed multiple complex acquisitions, both in Canada and abroad.

Iain has an Economics Degree from the University of Essex and is a member of the Chartered Professional Accountants of BC and the Institute of Chartered Accountants in England and Wales.

We are very pleased that Mr. Butler has joined our Board. His experience and advice will greatly strengthen Canex’s strategic planning and marketing activities,” said Sherman Dahl President and CEO.

The Company further announces the resignation of Mr. Craig Schneider and wishes to thank him for his services on the Board.

ON BEHALF OF THE BOARD

Sherman Dahl, President & CEO Tel: 250-558-8340

Neither 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.