The Corporation has approved the grant of 2,400,000 stock options to eligible participants (a total of 2,200,000 of these stock options were approved for grant to directors and officers of the Corporation). The options will be granted at an exercise price of $0.20 per Common Share and, subject to the Option Plan, will expire five years from the date of grant. The Corporation has determined that exemptions from the various requirements of TSX Venture Exchange Policies are available for the granting of the options.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Primera Energy Resources Ltd. Geoffrey Leid Chief Executive Officer (868) 628-1128