Troy Energy Corp. Reports Closing of $165,000 Private Placement

Troy Energy Corp. (TSX VENTURE:TEG.H) (the "Corporation" or "Troy") announces
the Corporation has closed a private placement of 3,300,000 common shares issued
at $0.05 each for gross proceeds of $165,000. The terms of the private placement
were announced on July 2, 2014 and the amount of the financing was increased
from $150,000 to $165,000.


The proceeds of this offering will be used for investigation of new projects and
working capital. Directors and Officers of the Corporation participated in the
private placement. The common shares issued in this private placement are
subject to a hold period expiring December 1, 2014.


Reader Advisory

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. In particular, forward-looking information in this news release includes,
but is not limited to, the use of the net proceeds of the offering. Although we
believe that the expectations reflected in the forward-looking information are
reasonable, there can be no assurance that such expectations will prove to be
correct. We cannot guarantee future results, performance or achievements.
Consequently, there is no representation that the actual results achieved will
be the same, in whole or in part, as those set out in the forward-looking
information.


Forward-looking information is based on the opinions and estimates of management
as 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 information.
Some of the risks and other factors that could cause the results to differ
materially from those expressed in the forward -looking information include,but
are not limited to: general economic conditions in Canada, the United States and
globally; industry conditions, governmental regulation, including environmental
regulation; unanticipated operating events or performance; failure to obtain
third party consents and approvals, if and when required; the availability of
capital on acceptable terms; the need to obtain required approvals from
regulatory authorities; stock market volatility; competition for, among other
things, capital, skilled personnel and supplies; changes in tax laws; and other
risk factors disclosed under our profile on SEDAR at www.sedar.com/. Readers are
cautioned that this list of risk factors should not be construed as exhaustive.


Neither TSX Venture Exchange, NEX 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 the release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Troy Energy Corp.
James Owen
President and Chief Executive Officer
[phone]
[phone] (FAX)