CALGARY, ALBERTA--(Marketwired - May 12, 2017) - Serinus Energy Inc. (the " Company ") (TSX:SEN)(WARSAW:SEN) is pleased to report that the European Bank of Reconstruction and Development ("EBRD") has formally waived compliance with the financial debt to EBITDA ratio and the debt service coverage ratio on the Company's debt at the consolidated level for the three-month period ended March 31, 2017.