EMERALD BAY ENERGY ANNOUNCES INCREASED SHAREHOLDINGS OF CLARENCE WAGENAAR

 In News, Press Releases

Further to the press releases dated May 29, 2018 and February 4, 2019 (collectively, the “Press Releases”), Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the “Corporation”, the “Company” or “Emerald Bay”) wishes to announce Clarence Wagenaar, after the issuance of the 18,493,178 common shares of the Corporation announced in the Press Releases, controls, directly and indirectly, an aggregate 50,030,178 common shares of the Corporation, or 15.6% of the outstanding common shares of the Corporation.

ABOUT EMERALD BAY

Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in southwest Texas as well as non operated oil and natural gas interests in Central Alberta, Canada. EBY is the operating partner of the Wooden Horse, Nash Creek, and Cottonwood Creek Projects in Guadelupe County, Texas, where the Company currently now owns a 50.00% working interest in those projects. Additionally, the Company owns various working interests in the MarPat and HugoCellR partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

To stay updated and speak with management about Emerald Bay Energy, please JOIN our Investor Information Group at: https://www.8020connect.com/groups/emerald-bay-energy-inc for all upcoming news releases, articles, comments and questions.

For further information, please contact: Emerald Bay President, Shelby D. Beattie, (403) 262-6000, info@ebyinc.com, www.ebyinc.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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