EDG.L Regulatory News (EDG)

FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG May 8, 2014

EDGE RESOURCES INC. Calgary, Alberta

Edge Resources Inc. Announces Major Increase in Year-End Reserves and

Provides an Operational Update

Edge Resources Inc. ("Edge" or the "Company") is very pleased to have finalised its Competent Person's Report ("CPR")*, which has resulted in a large increase to its year-end reserves. The Company also provides an operational update.

Year End Reserves

The value of Edge's Proved + Probable ("P+P") reserves increased by 44% to CDN$129.0 million as at March 31 2014 (approximately 43p/share or CDN$0.79/share) from CDN$89.4 million, one year earlier. The majority of growth came in the form of Proved reserve value (72% year-on-year growth) versus Probable reserve value (22% year-on-year growth).

The Company's total Proved Developed Producing ("PDP") reserve value grew by 75% to CDN$34.2 million, contributing to Total Proved ("TP") reserve value of CDN$69.2 million, representing approximately 23p/share (CDN$0.42/share).

P+P reserves increased to 7.6 million boe, half of which (3.7 million boe) were generated from the Company's core asset, Eye Hill, Saskatchewan. Specifically in Eye Hill, the value of PDP reserves grew by 145%, TP reserve value grew by 100% and total P+P Reserve value grew by 47%.

The reserve replacement ratio (reserves added/reserves produced during the year) was 458%.

The Company has established a consistent track record of adding reserves at an exceptionally low-cost. During the 12 month period the Company's total Finding, Developing and Acquisition ("FD&A") costs were CDN$3.8 million(1). Thus, Edge's FD&A cost of adding Proved reserves was $3.89 per boe and the FD&A cost for additional P+P reserves was $2.86 per boe. The table below provides a comparison of the Company's historical cost of reserve additions, year-end P+P reserve values and reserve replacement ratios:

Reserve

FD&A Cost per FD&A Cost per Replacement

March 31, 2014(1) $3.89 $2.86 $129.0 million 458%

March 31, 2013 $9.14 $2.69 $89.4 million 749%

March 31, 2012 $21.87 $10.24 $65.1 million 667%

March 31, 2011 $10.16 $6.06 $46.5 million 3,725%

March 31, 2010 $5.29 $2.08 $16.5 million n/a

(1) Financial information is from Edge's preliminary unaudited financial statements for the year ended March 31, 2014 and is subject to change. FD&A costs for all years excludes Future Development Capital ("FDC").

Brad Nichol, President and CEO of Edge commented, "Edge's long-term strategic focus on conventional, shallow, low-cost, repeatable reservoirs continues to deliver shareholder value with reserve growth exceeding even our high expectations this year. What's more, in preparation for our reserve report, we only requested six additional drilling locations in Eye Hill East (less than 1/10th of what we believe we have to drill there), resulting in a large but very conservative value of reserves."

Operational Update

Wellhead production averaged over 700 boepd in March, provided revenue of CDN$1.2 million, which allowed the Company to break the monthly revenue record previously set in February 2014. As a result, cash flow in March also significantly exceeded February's number.

Due primarily to additional production from the new CHOPS ("Cold Heavy Oil Production with Sand") oil wells, average production, revenue and cash flow for the quarter ended March 31 2014 is expected to be significantly higher than the previous quarter. With production levels having held steady in April, the trend is expected to continue into the Company's first quarter, which ends June 30, 2014.

Nichol commented, "As I stated last month, we are on track for another excellent quarter. As predicted, we beat our record-setting February million dollar month with an even bigger March and we expect April's figures, when finalised, to maintain this level." Speaking of the ongoing geoscience and engineering preparations for the upcoming 2014 drilling programme, Nichol continued, "Our geological and geophysical teams continue to add more locations to our large drilling inventory in Eye Hill, most of which are not included in the CPR. We are eager to exploit this inventory in 2014 and with the continued improvements in cash flow, we currently expect to fund future drilling activities utilising existing cash reserves."

Competent Persons Statement

The preparation of the technical information contained herein was supervised by Brad Nichol, P. Eng., Chair of the Reserves Committee, who is recognised as a Qualified Person for the purposes of National Instrument 51-101, and who has reviewed and approved the findings in this press release.

Additional information may also be available at www.edgeres.com or www.sedar.com or contact:

Brad Nichol, President and CEO Phone +1 403 767 9905

Sanlam Securities UK Limited, Joint Broker and NOMAD Phone +44 (0)207 628 2200

Simon Clements / Scott Mathieson / Max Bascombe

SP Angel Corporate Finance LLP, Joint Broker Phone +44 (0)203 463 2260

John MacKay / Richard Hail / Stuart Gledhill

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 material 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.

* The Company's most recent Competent Person's Report ("CPR") is effective March 31, 2014, and reserve values are based on pre-tax net asset value using AJM Deloitte's March 31, 2014 forecast pricing, discounted at 10%. Reserve values do not include abandonment liabilities, which are included at the corporate level. For comparative purposes, March 31, 2014 year end P+P reserve value, including abandonment liabilities, is CDN$127.0 million (compared to CDN$129.0 million when abandonment liabilities are excluded). The CPR was prepared under Canadian National Instrument 51-101: Standards of Disclosure for Oil and Gas Activities.