Nextraction Provides Company Update

VANCOUVER, BC / ACCESSWIRE / May 27, 2020 / Nextraction Energy Corp. (NEX:NE.H) (OTC:NXTFF) (the "Company" or "Nextraction") announces that its Board of Directors has appointed John A. Versfelt as Chairman of the Company's Board of Directors and the Audit Committee has appointed Benjamin Gill as the Chairman of the Company's Audit Committee. Messrs. Versfelt and Gill were appointed to the Board at the Company's Annual General Meeting on April 11, 2020.

The Company reports that it has filed its first quarter interim financial statements ("FS") and management discussion and analysis ("MD&A") for the quarter ended March 31, 2020, on SEDAR and that its registered office has changed to 20 Sixth Street, New Westminster BC V3L 2Y8, Canada. The FS and MD&A are available under the Company's profile at www.sedar.com.

On Behalf of the Board,

"John A. Versfelt"

John A. Versfelt, CEO

For further information, please contact:

John A. Versfelt
20 Sixth Street, New Westminster, BC V3L 2Y8
604-527-8146; Email: jav@armc.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs and other business transactions timing. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

SOURCE: Nextraction Energy Corp.

ReleaseID: 591727