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PrairieSky Royalty Ltd.

Exchange: TSX Exchange | Apr 22, 2018, 6:20 PM EDT

PSK
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PrairieSky Issues 2017 Responsibility Report

CALGARY, Alberta, April 09, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX:PSK) is pleased to announce it has issued its 2017 Responsibility Report.

PrairieSky’s inaugural Responsibility Report covers environmental, social and governance (“ESG”) topics for 2017 with prior year comparatives. The report also outlines PrairieSky’s 2018 initiatives. PrairieSky views this as an important step in explaining our business and values in further detail to stakeholders, and is committed to continuous improvement.

"We believe the successful execution of our business plan depends on demonstrating responsible economic, social and environmental performance in every aspect of the work we do,” said Andrew Phillips, President and CEO of PrairieSky. “This report provides further transparency into our business and the approach we take to incorporating ESG factors in our corporate strategy and culture.” PrairieSky intends to publish this report annually to assist stakeholders in reviewing our ESG performance.

PrairieSky’s full Responsibility Report is available at www.prairiesky.com/Responsibility.

ABOUT PRAIRIESKY ROYALTY LTD.

PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky's common shares trade on the Toronto Stock Exchange under the symbol PSK.

FOR FURTHER INFORMATION PLEASE

CONTACT:

Andrew Phillips
President & Chief Executive Officer
PrairieSky Royalty Ltd.
587-293-4005

Pam Kazeil
Vice President, Finance & Chief Financial Officer
PrairieSky Royalty Ltd.
587-293-4089

Investor Relations
(587) 293-4000

www.prairiesky.com

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