Eagle Energy Inc. Confirms October 2016 Dividend

CALGARY, ALBERTA -- (Marketwired) -- 10/17/16 -- Eagle Energy Inc. ("Eagle") (TSX: EGL) confirms its October 2016 dividend. The cash dividend to be paid on November 23, 2016, in respect of the period from October 1, 2016 to October 31, 2016, for shareholders of record on October 31, 2016 will be $0.005 per common share of Eagle. The ex-dividend date is October 27, 2016. Eagle's dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

About Eagle

Eagle is an oil and gas energy corporation created to provide investors with a sustainable business while delivering stable growth in production and overall growth through accretive acquisitions. Eagle's shares are traded 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.

Contacts:
Kelly Tomyn
Chief Financial Officer
(403) 531-1574
[email protected]

Richard W. Clark
Chief Executive Officer
(403) 531-1575
[email protected]

Eagle Energy Inc.
Suite 2710, 500-4th Avenue SW
Calgary, Alberta T2P 2V6
(403) 531-1575 or (855) 531-1575 (toll free)
[email protected]
www.EagleEnergy.com

Source: Eagle Energy Inc.

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