Canada NewsWire
CALGARY, Feb. 5, 2019
CALGARY, Feb. 5, 2019 /CNW/ - (TSX: EGL): Eagle Energy
Inc. ("Eagle") reports that, due to changes in his professional priorities and the reduced availability which those
changes entail, Mr. Wes Schrader has announced his decision to retire as a director of Eagle
effective immediately. Eagle thanks Mr. Schrader for his service to the company and wishes him continued success in his new
activities.
Mr. John Melton, who is an independent director of Eagle's operating subsidiary in the United States, has agreed to join Eagle's board of directors effective immediately. Mr. Melton
will remain a director of Eagle Hydrocarbons Inc.
Further to Eagle's news release of January 2, 2019, the limited forbearance agreement between
Eagle and its lender expired on January 31, 2019. Eagle is working diligently with its lender
to resolve this situation, upon which an update will be provided.
About Eagle Energy Inc.
Eagle is an oil and gas corporation with shares listed for trading on the Toronto Stock Exchange under the symbol "EGL".
All material information about Eagle may be found on its website at www.EagleEnergy.com or under Eagle's issuer profile at www.sedar.com.
SOURCE Eagle Energy Inc.
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