April 19, 2018 - 7:25 PM EDT
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Toscana Energy Waives Proxy Deadline for Extraordinary Meeting of Debentureholders

CALGARY, Alberta, April 19, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana Energy") (TSX:TEI) announces that it has waived the deadline by which proxies for the extraordinary meeting (the "Meeting") of holders ("Debentureholders") of 6.75% convertible unsecured subordinated debentures of Toscana Energy due June 30, 2018 ("Debentures") must be received.  In order to allow Debentureholders further time to vote their Debentures, proxies will be accepted up until immediately before the Meeting scheduled for 1:00 p.m. (Calgary time) on April 23, 2018.

About Toscana Energy Income Corporation

Toscana Energy is a conventional oil and gas producer with the mandate to acquire high quality, long life oil and gas assets including royalties, non-operated working interests and unitized production for yield and capital appreciation. 

For further information, please contact:

Joseph S. Durante, Chief Executive Officer
(403) 410-6793
(403) 444-0090

Source: Toscana Energy Income Corporation

Source: GlobeNewswire (April 19, 2018 - 7:25 PM EDT)

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