Troy Energy Corp. Reports Results of Annual Meeting of Shareholders and Announces Private Placement

Troy Energy Corp. (the "Corporation" or "Troy") (TSX VENTURE:TEG.H) announces
the following results from its recently completed annual and special meeting of
shareholders held on June 12, 2014. All resolutions presented to the meeting
were approved by 100 percent of the votes cast. The following Directors were
re-elected: Paul Conroy, George Jones, Ray Hodgkinson and Colin Taylor. Davidson
& Company LLP were re-appointed as auditors of the Corporation and the stock
option plan as attached to the Company's Management Information Circular and
Proxy Statement dated May 9, 2014 was approved.


The Corporation also announces its intention to conduct a private placement
financing of up to 3,000,000 common shares at a price of $0.05 per share for
gross proceeds of up to $150,000, subject to regulatory approval. The proceeds
of this offering will be used for investigation of new projects and working
capital. Directors and Officers of the Corporation will participate in the
private placement.


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)