EDG.L Regulatory News (EDG)

FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG March 8, 2013

EDGE RESOURCES INC. Calgary, Alberta

Edge Resources Inc. Spuds Horizontal, Conventional Well Targeting New Zone

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that it has spudded the second well of the Company's spring drilling programme in Primate, Saskatchewan. This second well is targeting a new oil horizon approximately 50 meters shallower than previously targeted zones in the area. This shallower zone has produced abundantly in both Alberta and Saskatchewan. Edge will be utilising conventional, horizontal drilling techniques to enhance production and ultimate recovery from this new horizon.

Because of the very high reservoir permeability, the well will not require any stimulation or fracturing techniques; thereby, minimizing capital requirements.

Based on the Company's extensive base of proprietary 3D seismic, this second well is a test into a proven reservoir that (i) is easily identified on 3D seismic, (ii) has previously produced noteworthy, commercial oil volumes from vertical wells less than one hundred meters away and (iii) has successfully produced more than 100,000 barrels of oil per well, when drilled by a major E&P company nearby utilising the same technique.

Brad Nichol, President and CEO of Edge commented, "This is truly an exciting development for Edge. This well, if successful will add more production, more reserves and even more drilling locations to our already-impressive inventory. This shallower zone is prevalent across much of our existing 100% owned land base, as well as on nearby lands. Pursuing this new horizon brings the possibility of even more upside to our largely undeveloped asset base in Primate."

The Company is using a highly efficient "Super Single" rig to drill the well, which is one of the industry's most efficient and cost-effective rigs for horizontal wells at these shallow depths.

If successful, Edge intends to focus the majority of its efforts in Primate extensively on development of this new horizon and on the highly impactful new Asset East project.

The Company has a 100% working interest in 20 sections (12,800 acres) of land in Primate, Saskatchewan.

For more information, visit the company website: www.edgeres.com or contact:

Brad Nichol - President & CEO

Phone: +1 (403) 767 9905

Merchant Securities Limited (a member of the Sanlam Group) - Nominated Advisor and Broker

Lindsay Mair

Max Bascombe

Katie Shelton

Phone: +44 (0) 20 7628 2200

Buchanan - Financial PR

Louise Mason

Tim Thompson

Tom Hufton

Phone: +44 (0)20 7466 5000

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 consistently focused on:

1. Targeting shallow, conventional development programmes that typically offer reduced capital, operational and geological risks

2. Very high or 100% working interests and fully operated assets

3. Pools and horizons with exceptionally high remaining reserves in place

The management team's very high drilling success rate is based on the safe, efficient deployment of capital and a proven ability to efficiently execute in shallow formations, which gives Edge Resources a sustainable, low-cost, competitive advantage.