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BFM.V ·

Unity Energy Corp. Share Consolidation Approved

Corporate Actions

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

www.unityenerg yco rp.co m

UNITY ENERGY CORP. SHARE CONSOLIDATION APPROVED

March 21, 2017 – Unity Energy Corp. (TSX-V.UTY) (“ Unity” or the “ Company”) is pleased to

announce that the Company has received TSX Venture Exchange approval for its proposed share

consolidation. Effective as at the opening of trading on March 22, 2017, the consolidated shares

of the Company will commence trading on the TSX Venture Exchange (the “Exchange ”) on the

basis of 1 (one) post -consolidated common share for every 3 (three) pre-consolidated common

shares held (the “Consolidation”).

As at March 21, 201 7, the Company has 21,063,746 shares issued and outstanding . Post

consolidation, the Company will have 7,021,248 shares issued and outstanding . The Company’s

new CUSIP number is 91330C400 and the new ISIN number is CA 91330C4002. A Letter of

Transmittal with respect to the consolidation has been mailed to the shareholders of the

Company. The Company will not be undergoing a name change and will remain trading under

the symbol “UTY”.

All shareholders with physical certificates in hand will be required to send their respective

certificates representing the pre -consolidated common shares al ong with a completed Letter of

Transmittal to the Company’s transfer agent, CST Transfer Services Inc. (“CST”), in Toronto,

Ontario, all in accordance with the instructions provided in the Letter of Transmittal. Additional

copies of the Letter of Transmittal can be obtained through CST Trust Company (by phone: 416-

682-3860 or by email: [email protected]). All Shareholders who submit a duly

completed Letter of Transmittal along with their respective pre -consolidated share certificate(s)

to CST will receive in return a post-consolidated share certificate.

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, 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.