Trident Exploration Corp.

Entered extendible $20-million revolving credit facility and a senior secured second-lien term loan facility. Credit facility carries a variable borrowing rate and matures May 31, 2019. Term loan carries a fixed rate of 7.15% per annum and matures on July 31, 2021. In conjunction, issued 5.1 million common share purchase warrants. This represents 2.4% of the 208.7 million outstanding common shares. Proceeds from term loan repaid $56 million existing debt under its maturing facility and added $4 million to working capital.