Santa Rosa Resources Corp. (TSX VENTURE:STR.H) ("The Company") today announced
its quarterly and annual results for the period ended December 31, 2012. The
financial statements have been prepared in accordance with International
Financial Reporting Standards.


David Roberts, President and CEO, said, "The Directors and Officers of Santa
Rosa Resources Corp. are seeking a suitable new business to vend into the
Company."


Operating Highlights 

During and subsequent to the end of period, the Company: 



--  At the Annual General Meeting held on March 30, 2012 the Shareholders
    approved a special resolution and a separate ordinary resolution of
    disinterested shareholders approving a related party transaction
    involving a sale of all of the shares held in the capital of Monexa
    Services Inc., a wholly-owned subsidiary of the company, pursuant to a
    share purchase agreement dated February 17, 2012. The name of the
    Company was changed to Santa Rosa Resources Corp. 
--  On November 15, 2012 the Company consolidated its 44,713,238 common
    shares, exchanging 10 (old) common shares for 1 (new) common share
    resulting in 4,471,323 new common shares. 
--  On April 1, 2013 the Company appointed Christopher Morris as Chief
    Financial Officer.



Financial Results

As at the year ended December 31, 2012 the Company incurred a comprehensive gain
of $3.3 million as a result of the sale of Monexa Services Inc., compared to a
net loss of $1.6 million for the year ended December 31, 2011. Operating
expenses for the year ended December 31, 2012 were $0.1 million, compared to
$0.2 million in the prior period.


Liquidity and Outstanding Share Capital 

As at December 31, 2012 the Company had positive working capital of $6,922. As
at April 25, 2013, the Company had a working capital deficit of $13,333.


As at April 22, 2013 the Company had 4,471,323 common shares issued and
outstanding. 


Additional Information

This news release should be read in conjunction with the Company's consolidated
financial statements for the year ended December 31, 2012 and the notes thereto,
together with the MD&A for the corresponding period, which are available on
SEDAR at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Santa Rosa Resources Corp.
David Roberts
President
+1 604 688 1511
droberts@penderfinancial.com
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