DualEx Energy International Inc. (“DualEx” or the “Company”) (TSXV: “DXE”) announces that at its Annual General and Special Meeting held today, shareholders voted in favour of changing the name of the Company (the “Name Change”) to Return Energy Inc. (“Return”), and consolidating the common shares of the Company (the “Consolidation”) on the basis of one (1) new Return common share for each ten (10) DualEx common shares held immediately prior to the Consolidation, subject to approval of the TSX Venture Exchange (the “TSXV”).

No fractional common shares will be issued as a result of the consolidation. Instead, all fractional shares equal to or greater to one-half resulting from the Consolidation will be rounded to the next whole number.

A new CUSIP number of 76133H102 replaces the old CUSIP number of 26357W, to distinguish between the pre- and post- consolidated common shares.

The board of directors of the Company believes that the Consolidation should enhance the marketability of the common shares as an investment and should facilitate additional financings to fund operations in the future.

The Company is anticipating that the Consolidation and Name Change will be effected on or about Tuesday, December 20, 2016. Commencing at opening of trading on Tuesday, December 20, 2016, the common shares of the Company will trade on the TSXV under the symbol “RTN”. Following the Consolidation, there are expected to be 25,008,893 post-Consolidation common shares outstanding.

In addition to the Name Change and Consolidation, shareholders of the Company re-elected Garry Hides, Roy Hudson, Brad Porter, Robb Thompson, and Ken Tompson to the Company’s Board of Directors for the ensuing year.

About DualEx

DualEx Energy International Inc. is currently evaluating oil and gas opportunities in the Western Canadian Sedimentary Basin.