CALGARY, ALBERTA–(Marketwired – April 18, 2017) – Forent Energy Ltd. (TSX VENTURE:FEN) (“Forent” or the “Company“) announces that, at close of business April 13, 2017, it received demand repayment from its lender of all amounts owing thereunder, being approximately $6.8 million, by 5:00 PM April 23, 2017 at which time the lender may enforce its security and appoint a Receiver to manage the Company’s affairs. Notwithstanding the foregoing, the Company is continuing to pursue strategic alternatives within the timeline of the notice period.