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Terrace Energy Corp. 
Listed Company 

TERRACE ENERGY CORP. ("TZR.H")
[formerly Terrace Energy Corp. ("TZR")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Resume Trading
BULLETIN DATE: March 30, 2023
TSX Venture Tier 2 Company

In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Monday, April 3, 2023, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.

As of April 3, 2023, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the Company will change from TZR to TZR.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.

Further to the TSX Venture Exchange Bulletin dated September 6, 2022 and the Company's news release dated March 20, 2023, effective at the opening on Monday, April 3, 2023, the shares of the Company will resume trading.
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