Newton Energy Corporation Announces Granting of Stock Options

Calgary, Alberta--(Newsfile Corp. - May 10, 2019) - Newton Energy Corporation (TSXV: NTN.H) (the "Company" or "Newton") announces, subject to regulatory approval, the granting to directors and officers, stock options to purchase up to 400,000 common shares of Newton, pursuant to the Stock Option Plan of the Company. The options are for a period of five years, have an exercise price of $0.22 per share and will vest immediately.

For further information, please contact:
Newton Energy Corporation
Gino DeMichele, President & CEO
1600, 333 - 7^th Avenue S.W.
Calgary, Alberta T2P 2Z1
Phone: 403-680-7898

This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to regulatory approval for the grant of stock options. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in Newton's disclosure documents on the SEDAR website at www.sedar.com. Newton does not undertake to update any forward-looking information except in accordance with applicable securities laws.

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

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