CALGARY, ALBERTA--(Marketwired - July 15, 2016) - (TSX:EGL): Eagle Energy Inc. ("Eagle") confirms its July 2016 dividend. The cash dividend to be paid on August 23, 2016, in respect of the period from July 1, 2016 to July 31, 2016, for shareholders of record on July 29, 2016 will be $0.005 per common share of Eagle. The ex-dividend date is July 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.

Contact Information:

Eagle Energy Inc.
Kelly Tomyn
Chief Financial Officer
(403) 531-1574
ktomyn@EagleEnergy.com

Eagle Energy Inc.
Richard W. Clark
President and Chief Executive Officer
(403) 531-1575
rclark@EagleEnergy.com

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