New Stratus Energy Inc. (TSX.V - NSE) ("New Stratus" or the "Corporation") is pleased to announce that on February 18, 2019 it completed its previously announced shares for debt transactions (collectively, the “Shares for Debt Transactions”).

The Corporation sought and obtained TSXV approval of the Shares for Debt Transactions in order to reduce the ‎indebtedness owed to certain arm’s length creditors of the Corporation. The Corporation issued an aggregate of 984,718 common shares (“Common Shares”) in the capital of the Corporation at a deemed price of $0.20 per Common Share to settle $196,943.60 of outstanding debt.

After completion of the Shares for Debt Transactions the Company has an aggregate of ‎47,980,399 ‎‎Common Shares issued and outstanding.‎

Contact Information:

Jose Francisco Arata                                                       Chief Executive Officer                                  jfarata@newstratus.energy PH: +1-929-433-8849

Forward-Looking Information and Reader Advisory

Certain information set out in this news release constitutes forward-looking information, including information relating to the Shares for Debt Transactions of the Corporation. Forward-looking statements (often, but not always, identified by the use of words such as ”expect”, “may”, “could”, “anticipate” or “will” and similar expressions) may describe expectations, opinions or guidance that are not statements of fact and which may be based upon information provided by third parties. Forward-looking statements are based upon the opinions, expectations and estimates of management of the Corporation as at the date the statements are made and are subject to a variety of known and unknown risks and uncertainties and other factors that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. In light of the risks and uncertainties associated with forward-looking statements, readers are cautioned not to place undue reliance upon forward-looking information. Although the Corporation believes that the expectations reflected in the forward-looking statements set out in this news release, it can give no assurance that such expectations will prove to have been correct. The forward-looking statements of the Corporation contained in this news release are expressly qualified, in their entirety, by this cautionary statement.

This news release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such terms are defined in Regulation S under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”)), absent registration or an exemption from registration. The securities offered have not been and will not be registered under the U.S. Securities Act or any state securities laws and, therefore, may not be offered for sale in the United States, except in transactions exempt from registration under the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

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.

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