Unity Closes 2ND Tranche of Non-Brokered Private Placement

#313 -515 W est Pender Street, Vancouver, BC Canada V6B 6H5

www.unityenerg yco rp.co m

UNITY CLOSES 2ND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

February 24, 2017 — Unity Energy Corp., (TSX.V:UTY) (“Unity” or the “Company”) is pleased to

announce that it has closed the 2 nd and final tranche of a private placement for a total gr oss

proceeds of $300,000; $175,000 of which was raised in t his 2nd tranche. The Company issued a

total of 6,000,000 non-flow through common shares at a price of $0.05 per share.

Ms. Anita Algie, President and Director of the Compan y, participated in this 2 nd tranche

subscribing for 1, 000,000 common shares, as well as Dr. Peter Born P.Geo., Director of the

Company, subscribing for 900,000 common shares.

The Company received TSX Ventur e Exchange approval on February 24, 2017. All securities

issued in connection with the offering will be subject to a statutory hold period of four months plus

a day from the date of issuance, in accordance with applicable securities legislation.

Proceeds from the offering will be used for general working capital and corporate purposes. No

finder’s fees were paid.

For more information, contact the Company at 604-681-0004 or visit www.unityenergycorp.com

On Behalf of the Board of Directors of Unity Energy Corp.

Anita Algie

Anita Algie B.Sc. Hon, President

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.