June 28, 2012

At the request of the company, Passport Energy Ltd. will be delisted at the close of business on Friday, June 29, 2012.

The common shares of Passport Energy Ltd. are listed on the TSX Venture Exchange under the symbol "PPO".

Effective Date: Market close, June 29, 2012
Symbol: PPO

If you have any questions or require further information please contact Radhika Ramkarran at (416) 572-2000 X 2435 or E-mail: Radhika@cnsx.ca