CALGARY, Alberta – Razor Energy Corp. (“Razor” or the “Company“) (TSXV: RZE) announces that it has secured an interim extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation (“AIMCo”). The Company has reached an agreement with AIMCo to extend the maturity date from January 31, 2021 to February 5, 2021 in order to complete necessary documents and registrations related to an extension of the facility.