Monarch Energy Announces Appointment of CEO and Update to Shareholders With Respect to Acquisition of ChroMedX Ltd.

Monarch Energy Limited ("Monarch" or the "Company") (TSX VENTURE:MNL) announces
the resignation of George Langdon as CEO, President and Director and appointment
of Gerard Edwards as CEO and President.


The board wishes to thank Mr. Langdon for his service since being appointed in
February 2009, and is pleased to have Mr. Edwards accept the CEO and President
positions. Mr. Edwards has been a Director since April 2010.


Further, the Company announces that it intends to delist its common shares from
the TSX Venture Exchange (the "TSXV") (the "Delisting") prior to completing the
acquisition of ChroMedX Ltd. (the "Acquisition") (as previously described in the
Company's press releases on May 26, 2014 and December 20, 2013) in order to
allow for completion of the Acquisition and subsequent listing of its common
shares on the facilities of the Canadian Securities Exchange (the "CSE"). The
TSXV has requested the majority of the minority shareholder approval to approve
the Delisting and the Company expects to provide such approval shortly.
Following the Delisting, and as a condition of the Acquisition, the Company will
consolidate its shares on a 1:20 basis and proceed to close the Acquisition.


Neither the 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.


Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. Forward-looking statements are based on the opinions and estimates at the
date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking statements
including, but not limited to delays or uncertainties with regulatory approvals,
including that of the TSXV and the CSE. There are uncertainties inherent in
forward-looking information, including factors beyond the Company's control. The
Company undertakes no obligation to update forward-looking information if
circumstances or management's estimates or opinions should change except as
required by law. The reader is cautioned not to place undue reliance on
forward-looking statements. Additional information identifying risks and
uncertainties that could affect financial results is contained in the Company's
filings with Canadian securities regulators, which filings are available at
www.sedar.com. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Monarch Energy Limited
Gerard Edwards
CEO
[phone]
[e-mail]
www.monarchenergy.ca