Troy Energy Corp. Announces Director & Secretary Appointments and Grant of Options

Vancouver, B.C., Canada August 21, 2017

NEX Symbol: TEG.H

NEWS RELEASE

TROY ENERGY CORP. ANNOUNCES DIRECTOR & SECRETARY

APPOINTMENTS AND GRANT OF OPTIONS

Troy Energy Corp. (the "Corporation" or "Troy") is pleased to announce the appointment of Carl Verley

as a Director of the Corporation and Paul Bolger as Corporate Secretary.

Mr. Verley is a graduate of the University of Britis h Columbia where he received his Bachelor of Science

Degree. He is a Professional Geoscientist and has b een a self-employed geologist since 1982. He is a

registered with the British Columbia Associati on of Professional Engineers and Geoscientists and

Northwest Territories and Nunavut Association of Professional Engineers and Geoscientists. Mr. Verley’s

professional practice ranges from project generation, project management through NI 43-101 compliance

work. He has expertise gained through work in a variety of geological environments with a wide spectrum

of commodities, including base, precious and special metals, iron, diamonds and industrial minerals.

Currently he is a director of Mountain Province Diamonds Inc., chairing its Compensation Committee and

serving on its Corporate Governance Committee.

Paul Bolger, LL.B, M.B.A., is a partner with Tingle Merrett LLP, a Calgary-based corporate and

securities law boutique firm, with a practice focused on corporate securities, corporate finance and

commercial transactions involving emerging, growth a nd mid-capitalization companies. Mr. Bolger has

extensive experience acting for public and private comp anies in a range of matters including equity and

debt financings, public and private corporate acquisitions and business co mbinations, continuous

disclosure obligations, share and asset acquisitions and dispositions, corporate restructurings,

amalgamations, reorganizations and other business transactions.

The Corporation also announces that it has granted a to tal of 800,000 stock options, exercisable at a price

of $0.10 per share to Officers and Directors. The options expire in 5 years and are subject to regulatory

approval. Such options (and the common shares issuab le upon exercise) will be subject to applicable

securities law hold periods.

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information contained herein

constitutes forward-looking statements. Forward- looking statements are based on the opinions and

estimates of management at the date the statements are made, and are subject to a variety of risks and

uncertainties and other factors that could cause actual events or results to differ materially from those

projected in the forward-looking statements. The Corporation undertakes no obligation to update

forward-looking statements if circumstances or m anagement's estimates or opi nions should change. The

reader is cautioned not to place undue reliance on forward-looking statements.

FOR FURTHER INFORMATION, PLEASE CONTACT:

James Owen, Troy Energy Corp.

Chief Executive Officer

Phone: (250) 465-1806

Richard Wingate

President

Phone: (306) 229-5029

Neither TSX Venture Exchange nor its Regulation S ervices Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of the

release.