Edge Resources : Posts Another Record Quarter (AIM)

September 2, 2014

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce its unaudited first quarter results for the three month period ended June 30, 2014 ("Q1 2014"), which represents another record quarter for the Company. Based on record revenues and excellent netbacks, Edge also achieved a record net profit.

Detailed operating and financial results are presented in Edge's unaudited quarterly financial statements and related Management Discussion & Analysis ("MD&A"), which can be accessed on the Company's website (www.edgeres.com) or on SEDAR (www.sedar.com) and are briefly summarised below.

· Highlights for the period:

• Production in the quarter averaged 613 boepd (versus 618 boepd in the previous quarter and 577 boepd in Q1 2013)

• Sales of C$3.5 million for the three months ended June 30, 2014 (Q2 2013: C$2.3 million)

• The Company generated C$1.1 million in cash from operations for the 3 months ending June 30, 2014. Of the cash generated, C$360,000 was reinvested in capital programs and $750,000 was used to pay down bank debt

• Quarterly oil netbacks improved 37% compared to the previous quarter to $C49.14 per bbl

• The Company secured a new debt facility of up to C$17 million with ATB Corporate Financial Services, replacing the previous facility of C$8 million at a significantly reduced interest rate (currently 4.75% per annum). This has drastically reduced the Company's cost of capital and provides a larger pool of funds for future project

• The Company's Competent Person's Report ("CPR") was prepared in May 2014 and effective March 31, 2014. It showed a major (44%) increase in year-on-year Proved+Probable ("P+P") reserve value to C$129.0 million. P+P reserves increased to 7.6 million boe

• The Proved reserve replacement ratio (Proved reserves added/reserves produced during the year) was 458% with a total finding, developing and acquisition ("FD&A") cost of $3.89 per Proved boe

Brad Nichol, President and CEO of Edge commented, "We are very pleased to have generated another record-breaking quarter. More revenue, more profit, more reserves and more cash - it couldn't have been better. Our focus now is on implementation of our capital programme, which we expect will be conservative and balanced between acquisitions and drilling on our existing property." Nichol added, "These quarterly results demonstrate that we have set ourselves a very high bar in terms of cash generation, capital payback and return on capital; thus, any new projects we undertake must meet those very high hurdles in order to make our short-list. It's a fantastic problem to have and we look forward to implementing a capital programme in the near future."

Detailed operating and financial results are presented in Edge's financial statements and related Management Discussion & Analysis ("MD&A"), which can be accessed on the Company's website (www.edgeres.com) and on SEDAR (www.sedar.com).

For more information visit the Company's website or contact:

Brad Nichol, President and CEO Phone [phone]

Sanlam Securities UK Limited, Nominated Adviser & Joint Broker Phone [phone]

Simon Clements / James Thomas / Max Bascombe

SP Angel Corporate Finance LLP, Joint Broker Phone [phone]

John MacKay / Richard Hail / Stuart Gledhill / Zac Phillips (Research)

About Edge Resources Inc.

Edge Resources is focused on developing a balanced portfolio of oil and natural gas assets from properties in Alberta and Saskatchewan, Canada. Management has focused consistently on:

1. Shallow, vertical, conventional programs with reduced capital, operational and geological risks

2. Very high or 100% working interests and fully operated assets

3. Pools and horizons with exceptionally high reserves in place

The management team's high drilling success rate is based on the safe, efficient deployment of capital and a proven ability to efficiently execute in shallow formations, giving Edge Resources a sustainable, low-cost, competitive advantage.

Competent Person's Statement

The preparation of the technical information contained herein was supervised by Brad Nichol, President and CEO of Edge Resources, who is recognized as a Qualified Person for the purposes of National Instrument 51-101, and who has reviewed and approved the findings in this press release.