EMERALD BAY ISSUES STATEMENT REGARDING 50,000,000 SHARE SELL ORDER

Jan 22 2018

Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced today that the Company has been informed by a broker that earlier today an error was made in regards to trading instructions whereby a clients order to offer 500,000 shares for sale at $0.035 was incorrectly entered as 50,000,000 shares. It was subsequently corrected. Emerald Bay appreciates that the broker acknowledged and corrected the mistake in a timely manner.

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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.