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Investor Alert

May 20, 2022, 12:12 p.m. EDT

EF EnergyFunders Announces Changes to the Board of Directors

May 20, 2022 (TheNewswire.ca via COMTEX) -- (via TheNewswire)

May 20, 2022 - TheNewswire - Calgary, Alberta - EF EnergyFunders Ventures, Inc. ("EnergyFunders" or the "Corporation") (TSX:CA:EFV) (OTC:PRIEF)announced today that Laura Pommer Fidler, the Chief Executive Officer of the Corporation, has been appointed as a director of the Corporation.

EnergyFunders also announced that Christopher Pettit has resigned as a director of the Corporation. EnergyFunders would like to thank Mr. Pettit for his dedication and service to the Corporation.

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

EF EnergyFunders Ventures, Inc. is an oil and natural gas investment company headquartered in Calgary, Alberta, with executive offices in San Antonio, Texas. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "EFV" and on the OTC Pink as "EFVIF".

For further information please contact:

Laura Pommer FidlerChief Executive OfficerEmail: laura@energyfunders.com

Paleo Resources, Inc.

716 S. Frio St., Suite 201

San Antonio, Texas 78207

Telephone: 254-699-0975

Media Contact:

Aquila Mendez-Valdez

aquila@hitpr.com

210.606.5251

Copyright (c) 2022 TheNewswire - All rights reserved.

COMTEX_407510724/2453/2022-05-20T12:11:37

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