Razor Energy Corp. ("Razor" or the "Company") (TSXV: RZE) announces that it has secured a further interim extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation (“AIMCo”). The Company has reached an agreement with AIMCo to extend the maturity date from February 5, 2021 to February 16, 2021 in order to complete necessary documents and registrations related to an extension of the facility.

For additional information please contact:

Doug BaileyPresident and Chief Executive Officer OR Kevin BraunChief Financial Officer
Razor Energy Corp.800, 500-5th Ave SWCalgary, Alberta T2P 3L5Telephone: (403) 262-0242www.razor-energy.com

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

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