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Nextraction Energy Corp. Announces Resignation of VP Exploration

Calgary, Alberta--(Newsfile Corp. - July 16, 2014) - Nextraction Energy Corp. (TSXV: NE) (the "Company" or "Nextraction") announces that effective immediately, William Pedersen, Vice President of Exploration, has resigned to pursue other opportunities. The Company thanks Will for his services and wishes him well in his future endeavors.

For further information, please visit the Company's website at www.nextraction.com or contact us by email at info@nextraction.com or call:

Kent Edney, P.Eng.   Scott Badcock, CA
President or CFO
Phone: (403) 514-2373   Phone: (403) 514-2399
    

READER ADVISORY

Cautionary Note Regarding Forward Looking Statements

Certain statements made and information contained herein may constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities legislation. Often, but not always, forward-looking statements or information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes" or variations of such words and phrases or words and phrases that state or indicate that certain actions, events or results "may", "may have", "could", "would", "might" or "will" be taken, occur or be achieved.

Although management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

These statements speak only as of the date of this News Release and are expressly qualified, in their entirety, by this cautionary statement.

Neither the 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.

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