Georox Announces Name Change to Prospera Energy Inc.

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Not For Distribution to U.S. News Wire Services or For Dissemination in the United States

Kelowna, British Columbia, Canada, July 18, 2018: ("Georox" or the "Corporation") (GXR:TSX-V; OF6A:FRA) Pursuant to a resolution passed by shareholders on Jun 28, 2018 Georox has changed the name to Prospera Energy Inc. At the opening of trading on July 19, 2018 the common shares of the Corporation will commence trading on the TSX Venture Exchange under the new name, Cusip No. 74360U 10 2 and trading symbol PEI. There will be no consolidation of capital in connection with the change of name. The change of name has been implemented to better represent the Corporation's activities.

About Prospera (formerly Georox)

Prospera is a Canadian natural resource company engaged in the acquisition, exploration, development and exploitation of oil and gas properties in Western Canada.

For further information:

Burkhard Franz,

President and Chief Executive Officer
Tel: (403) 457-9010

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.