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Troy Energy Corp. Announces Officer and Director Chang Es

Management Changes

TROY ENERGY CORP.

VANCOUVER,BC., CANADA MAY 23, 2017

NEX Symbol: TEG.H

NEWS RELEASE

TROY ENERGY CORP. ANNOUNCES OFFICER AND DIRECTOR

CHANG

ES

Troy Energy Corp. (the "Corporation" or "Troy") announces the resignation of Paul Conroy and George

Jones as Directors of the Corporation and the resignation of James Owen as President effective

immediately. The Corporation would like to thank Mr. Conroy and Mr. Jones for their time, services and

guidance during their tenure as Directors.

M

r. Owen will continue in his current position as Chief Executive Officer and Chief Financial Officer.

The Corporation also announced the appointment of Rick Wing ate as President and Director of the

Corporation.

Mr.

Wingate of Saskatoon, SK has 18 years of experience in the financial services industry. He has

extensive knowledge of the investment industry gained through his experience as an Investment

Advisor with major Canadian brokerage firms. Mr. Wingate is currently President, Chief

Executive Officer and Director of Basin Asset Management Inc., an asset management company

focused on real asset and private equity investment in the Western Canadian Basin. He is also

past President, Chief Executive Officer and Director of FNR Asset Management Inc., an asset

management company focused on the Canadian resource sector. Mr. Wingate is a graduate of the

University of Regina where he received his Bachelor of Administration; and he has also

completed the Canadian Securities Course.

The

Corporation also announces that it has granted a total of 1,000,000 stock options at $0.05 per

share to Officers and Directors. The options expire in 5 years and are subject to regulatory

approval.

The

Corporation is involved in the exploration of natural resources in Canada.

FO

R FURTHER INFORMATION, PLEASE CONTACT:

Ri

ck Wingate, Troy Energy Corp.

President

Phone: (306) 229-5029

James Owen, Troy Energy Corp.

CEO

Phone (604)-671-4168

Nei

ther TSX Venture Exchange nor i ts Regulation Services Provider (as that term is defined in the

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

release.