ARKOSE ENERGY CORP. ANNOUCES 90 FOR 1 REVERSE STOCK SPLIT

FRIDAY, JUNE 1, 2018

ARKOSE ENERGY CORP. ANNOUCES 90 FOR 1 REVERSE STOCK SPLIT

Arkose Energy Corp. (OTC Markets: RKOSD) an independent oil and gas company announced today that its proposed 90 for 1 reverse split of its common stock was approved by Arkose stockholders on July 14, 2017, at the annual meeting of stockholders and has now received approval to resume trading under the symbol RKOSD with the reverse split effective as of May 24th, 2018. (The “D” will be removed in 20 business days and the symbol will then change back to RKOS).

Upon the effectiveness of the reverse split, Arkose stockholders will now receive one share of Arkose common stock for every ninety shares they hold.  The Arkose common stock began trading on a split-adjusted basis with a new CUSIP number for the reverse stock split being 04126P 204.

The reverse split affects all issued and outstanding shares of the Company’s common stock, as well as the number of shares of common stock available for issuance under the Company’s equity incentive plans. The reverse stock split will reduce the number of shares of the Company’s issued and outstanding common stock from approximately 31,763,242 to approximately 362,826.

Shareholders holding fewer than one hundred (100) shares of Arkose common stock post-split will receive a minimum of one hundred (100) shares of Arkose common stock as of the effective date of the split.

For more information, visit www.arkoseenergy.com or call 832-487-7777.