Traxion Energy Inc.
TSX VENTURE : TXE

Traxion Energy Inc.

March 15, 2010 21:00 ET

Traxion Secures Acreage at March 10 Land Sale

CALGARY, ALBERTA--(Marketwire - March 15, 2010) -

Not for Dissemination in the United States

Traxion Energy Inc. ("Traxion" or the "Corporation") (TSX VENTURE:TXE) is pleased to announce it has secured 21,344 net hectares (approximately 83 net sections) of petroleum and natural gas rights at the Alberta March 10 Crown sale.

In total Traxion holds 21,784 net hectares (approximately 85 net sections) of Alberta petroleum and natural gas rights and 2,619 net hectares (approximately 10 net sections) in Saskatchewan.

Traxion is a Calgary, Alberta based Corporation engaged in the exploration, development and production of petroleum and natural gas. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "TXE".

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Certain statements contained herein constitute forward-looking statements. Such forward-looking statements are subject to both known and unknown risks and uncertainties which may cause the actual results, performances or achievements of the Corporation to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Except as required by law, the Corporation does not undertake any obligation to publicly update or revise any forward-looking statements.

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

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