Troy Energy Corp. Announces Private Placement

TROY ENERGY CORP.

Vancouver, B.C., Canada April 25, 2017

NEX Symbol: TEG.H

NEWS RELEASE

TROY ENERGY CORP. ANNOUNCES

PRIVATE PLACEMENT

Troy Energy Corp. (the "Corporation" or "Troy") announce s that it intends to conduct a private

placement financing of up to 8,000,000 common shares at a price of $0. 05 per share for aggregate gross

proceeds of $400,000. The Corporation also announces that it will issue 1,200,000 common shares at a

deemed price of $0.05 per share in settlement of existing loans payable to an Officer, a Director and a

Shareholder in the total amount of $60,000. Both transactions are subject to regulatory approval. In

accordance with applicable securities law s, the common shares issued under these issuances are subject

to four-month hold periods . The proceeds from this private placement will be used for investigation of

new projects and for general working capital purposes. Directors, Officers and existing Shareholders may

participate in this private placement.

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 management 's estimates or opinions 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.

President and Chief Executive Officer

Phone: (604) 671-4168

Neither TSX Venture Exchange nor i ts Regulation Services Provider (as that term is defined in the

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

release.