Eagle Energy Inc. Confirms April 2016 Dividend and Announces Annual Shareholders' Meeting

CALGARY, ALBERTA--(Marketwired - April 14, 2016) - Eagle Energy Inc. (TSX:EGL) ("Eagle") confirms its April 2016 dividend. The cash dividend to be paid on May 20, 2016, in respect of the period from April 1, 2016 to April 30, 2016, for shareholders of record on April 29, 2016 will be $0.01 per common share of Eagle. The ex-dividend date is April 27, 2016. Eagle's dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

Eagle's 2016 Annual Shareholders' Meeting

Eagle's 2016 annual shareholders' meeting will be held on Wednesday, June 8, 2016 at 3:00 p.m. MDT at the Calgary Petroleum Club, 319 - 5^th Avenue S.W., Calgary, Alberta. The record date for the meeting is April 26, 2016.

About Eagle Energy Inc.

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.