Mr. Dean Swanberg reports

ZEDCOR ENERGY INC. ANNOUNCES EXECUTIVE RESIGNATION

Effective May 25, 2018, Ian McKinnon will resign as president and chief executive officer of Zedcor Energy Inc. After four months of working closely with the senior management team at Zedcor, Mr. McKinnon and the board concluded that the executive team's restructuring efforts and strategic plan are effectively moving forward, and as such, Mr. McKinnon is stepping back from an executive role and will remain as a member of the board of directors of Zedcor. The board wishes to thank Mr. McKinnon for his efforts.

Effective May 25, 2018, Dean Swanberg will assume the role of interim chief executive officer of Zedcor.

About Zedcor Energy Inc.

Zedcor Energy is a Canadian public corporation and parent company to Zedcor Energy Services Corp. Zedcor Corp. is engaged in the rental of surface equipment and accommodations to the Western Canadian oil and gas industry.