CALGARY, ALBERTA--(Marketwired - July 26, 2013) -
NOT FOR DISTRIBUTION IN THE UNITED STATES
Shoreline Energy Corp. (TSX:SEQ) (" Shoreline " or the " Company ") is pleased to announce that further to the Company's press releases dated July 3, 2013 and July 15, the Company has closed its final tranche of the flow through private placement (the " Offering ") resulting in gross proceeds to Shoreline of $2,588,788 through the issuance of 647,197 common shares of the Company, issued on a "flow through" basis under the Income Tax Act (Canada) at a price of $4.00 per share.
All of the securities issued in connection with the Offering will be subject to a four-month hold period under applicable Canadian securities laws.
About Shoreline Energy
Investor Information
Shoreline is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas. Shoreline offers investors a combination of value growth via lower risk development of additional oil reserves and production on its current lands and pays a quarterly dividend. The Common Shares are currently listed on the TSX under the trading symbol "SEQ" and the debentures under the trading symbol "SEQ.DB". Additional information regarding Shoreline is available under the Corporation's profile at www.sedar.com or at the Corporation's website, www.shorelineenergy.ca .
