Mr. Wayne Maddever reports

MONARCH ENERGY ANNOUNCES RESULTS OF ANNUAL AND SPECIAL MEETING

Monarch Energy Ltd. shareholders approved, at the annual general and special meeting held on Aug. 29, 2014, all of the items set forth in the company's management information circular dated July 30, 2014, and mailed to the shareholders, including: (i) change of the company's name to ChroMedX Corp.; (ii) continuance of the company from British Columbia into Ontario; and (iii) replacement of the company's current bylaws with Bylaw 2014-1 following completion of the continuance.

Further, the company would also like to announce that it intends to complete a proposed private placement offering of units of the company at a price of 10 cents per unit for total aggregate gross proceeds of $500,000. Each unit comprises one common share of the company and one common share purchase warrant, each warrant entitling the holder thereof to acquire one common share at a price of 25 cents for a period of 18 months from the closing date. The offering is scheduled to close on or about Sept. 12, 2014.

The company will use the net proceeds from the sale of the units for developing prototypes, marketing and general working capital purposes.

We seek Safe Harbor.