Blacksteel Energy Inc.
TSX VENTURE : BEY

September 20, 2011 19:23 ET

Blacksteel Energy Inc. Announces Change in Effective Date for Reinstatement of Trading

CALGARY, ALBERTA--(Marketwire - Sept. 20, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

Blacksteel Energy Inc. (TSX VENTURE:BEY) ("Blacksteel" or the "Corporation") announces a revised effective date for the reinstatement of trading.

Further to a press release of earlier today, the Corporation confirms that an error was made with respect to the effective date for the reinstatement of trading. The Corporation's shares will be reinstated to trade at the open of trading on Thursday September 22, 2011 not September 21, 2011 as was previously announced.

Blacksteel is a junior oil and gas company involved in the exploration, exploitation, development and production of petroleum and natural gas resources in Alberta. The Corporation has a 100% working interest in 22 sections of Crown oil sands leases in the Peace River area of northern Alberta, a working interest in a natural gas producing property in the Grassland area of Alberta, a working interest in a producing oil well in the Devon area of central Alberta and a 100% working interest in a four section petroleum and natural gas lease in the Del Bonita Area of Southern Alberta.

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

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