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Cerus Grants Incentive Options



May 9, 2019 / TheNewswire / Cerus Energy Group Ltd. ("Cerus" or "the Company") (TSX-V:CEA) is announcing today that the company will issue 1,800,000 incentive share options. The options will be issued to various professionals and consultants of the company for their valued service. The options will be set with an exercise price of $0.20 per share and will have a term of 2 years. The completion of the granting of the incentive options remains subject to the approval of the CSE Exchange.

About Cerus Energy Group Ltd.

Cerus is a Tier 2 Canadian-based oil and gas exploration company trading on the TSX Venture Exchange with property assets in both Alberta and Saskatchewan.

For further information, please contact:

Bruce Scafe, Secretary

1-877-737-8864 or bscafe@cerusenergygroup.com

Alternate Contact.

Mackenzie Loree, CEO

1-403-861-6779 or mloree@cerusenergygroup.com

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

FORWARD LOOKING INFORMATION .

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION ON AT ANY PARTICULAR TIME.