SHARC Energy announces first quarter 2021 financial results

ON BEHALF OF THE COUNCIL

Lynn Mueller, President and CEO

1 Adjusted EBITDA is a measure that does not conform to IFRS. See the investigation and reconciliation of choice functionality measures and non-IFRS measures in the first quarter 2021. 2 Control Report Sales pipeline is a non-IFRS measure See discussion on choice functionality measures and non-IFRS measures in the first quarter 2021 Control Report. Accumulation is a measure that does not conform to IFRS. See discussion on choice functionality measures and non-IFRS measures in control report T1 2021

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