Investor Alert

April 16, 2021, 9:00 a.m. EDT

Butte Energy Announces Resumption of Trading

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VANCOUVER, BC, Apr 16, 2021 (Canada NewsWire via COMTEX) -- TSXV - BEN.H

Butte Energy Inc. (TSXV - BEN.H) (the "Company") announces that further to its news release on March 26, 2021 the Company confirms that the transaction with Genesis Group Limited will not occur and the TSX Venture Exchange has advised that the Company's common shares will resume trading on the NEX Exchange at market open on April 20, 2021.

On behalf of BUTTE ENERGY INC.

"Geir Liland" Chief Executive Officer

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

SOURCE Butte Energy Inc.

View original content: http://www.newswire.ca/en/releases/archive/April2021/16/c0543.html

SOURCE: Butte Energy Inc.

        For further information please contact: Joanna Vastardis, CFO & Corporate Secretary,
        Tel:  604.609.6125


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