December 21, 2018 – Vancouver, British Columbia Gelum Capital Ltd. (formerly Jagercor Energy Corp. (JEM:CSE) (the "Company" "Gelum" or "Jagercor") advises that Edgardo Russo has resigned as the chief executive officer and a director of the Company. The Company thanks Edgardo and wishes him all the best for his future endeavors. On behalf of the Board of Directors GELUM CAPITAL LTD. Robert C. Kopple, Director