Empire Closes Disposition of Non-Core Assets

TORONTO – February 26, 2021 – Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL”, “us”, “our”, “we” or the “Company”) is pleased to announce that further to its February 24, 2021 news release it has sold an aggregate of 12,538,595 common shares (the “Shares”) in the capital of Tornado Global Hydrovacs Ltd. (TSXV:TGH) at an average price of $0.168per Share for aggregate gross proceeds of CAD $2,107,942.50 (the “Transaction”).