U.S. markets open in 5 hours 52 minutes

Jura Announces Expected Listing on the TSX Venture Exchange

CALGARY, ALBERTA--(Marketwired - Aug 19, 2016) - Jura Energy Corporation ("Jura" or the "Corporation") (JEC.TO) announces that further to the Corporation's press release dated July 21, 2016, the TSX Venture Exchange ("TSX-V") is currently in the process of reviewing the Corporation's application to list on the TSX-V and the Corporation is expected to be voluntarily delisted from the Toronto Stock Exchange following the close of market on or about August 31, 2016 and listed on the TSX-V on or about September 1, 2016, subject to acceptance by the TSX-V. The Corporation will continue to trade under the symbol "JEC".

About Jura Energy Corporation

Jura is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties in Pakistan. Jura conducts its business in Pakistan through its wholly-owned subsidiaries, Frontier Holdings Limited and Spud Energy Pty Limited.

Forward Looking Advisory

This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of Canadian securities laws. The words "expected", "will", and similar expressions are used to identify forward looking information. Specific forward-looking statements in this press release include statements (express or implied) relating to the TSX delisting date and the TSX-V listing date. The forward-looking statements contained in this press release are based on management's beliefs, estimates and opinions on the date the statements are made in light of management's experience, current conditions and expected future development in the areas in which Jura is currently active and other factors management believes are appropriate in the circumstances. Jura undertakes no obligation to update publicly or revise any forward-looking statement or information, whether as a result of new information, future events or otherwise, unless required by applicable law.

Readers are cautioned not to place undue reliance on forward-looking information. By their nature, forward-looking statements are subject to numerous assumptions, risks and uncertainties that contribute to the possibility that the predicted outcome will not occur, including some of which are beyond Jura's control. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such statements. See Jura's Annual Information Form for the year ended December 31, 2015, available on SEDAR at www.sedar.com, for a description of the risks and uncertainties associated with Jura's business.