Questfire Energy Corp. Announces Incentive Share Option Issuance

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.

Questfire Energy Corp. (the "Corporation") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B)
announces it has issued an aggregate of 615,000 options to directors, officers,
employees and consultants pursuant to its stock option plan, of which 320,000
were granted to directors and officers. The options have an exercise price of
$2.05 per share and will expire on April 11, 2024.


To request a free copy of Questfire's financial report or if you would like to
be put on Questfire's mailing list please contact Ronald Williams, Vice
President, Finance and CFO at [e-mail] 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Questfire Energy Corp.
Mr. Richard Dahl
President and CEO
[phone]
[phone] (FAX)


Questfire Energy Corp.
Mr. Ronald Williams
Vice President, Finance and CFO
[phone]
[phone] (FAX)