Disposition of common shares by Firebird Global Master Fund Holdings, Ltd.

CAYMAN ISLANDS, March 12, 2019 /CNW/ - Firebird Global Master Fund Holdings, Ltd. ("FGMF") reports that since the last report filed on January 3, 2017, FGMF sold all of the common shares held in the share capital of Rosehearty Energy Inc. (CSE: RHX) (the "Issuer"), being 4,388,548 common shares, for a total price of $10,000.00 (CAD), or $0.0023 per share. This sale resulted in a decrease of 35.88% in FGMF's securityholding percentage in common shares of the Issuer.

The disposition by FGMF of the 4,388,548 common shares of the Issuer was made to close out the position held by FGMF in the Issuer. FGMF currently has no plans to purchase securities of the Issuer.

This press release is being issued in order to comply with the disclosure requirements under applicable securities legislation. For inquiries or a copy of the related early warning report, a copy of which has also been filed on www.sedar.com, please contact:

SOURCE Firebird Global Master Fund Holdings, Ltd.