PrairieSky Royalty Announces Change to the Board of Directors

CALGARY, Sept. 30, 2014 /CNW/ - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announces that Sherri Brillon has resigned from PrairieSky's Board of Directors effective today's date. Ms. Brillon was a nominee to the PrairieSky Board of Directors under the Governance Agreement with Encana Corporation ("Encana"), which terminated upon closing of the previously announced secondary offering by Encana of its remaining share position in PrairieSky.

The Board of Directors wishes to thank Ms. Brillon for her contributions to PrairieSky.

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 stable free cash flow and that represent one of the largest and most concentrated independently-owned fee simple mineral title positions in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK.

SOURCE: PrairieSky Royalty Ltd.

For further information: PrairieSky Royalty Ltd., Investor Relations, (587) 293-4000, www.prairiesky.com

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