Seaview Energy Inc.
TSX VENTURE : CVU.A
TSX VENTURE : CVU.B

Seaview Energy Inc.

September 21, 2010 16:59 ET

Seaview Energy Inc. Cancels Voluntarily Surrendered Stock Options

CALGARY, ALBERTA--(Marketwire - Sept. 21, 2010) -

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

Seaview Energy Inc. (TSX VENTURE:CVU.A) (TSX VENTURE:CVU.B) ("Seaview" or the "Company") announces that it cancelled options to acquire 225,000 Class A shares voluntarily surrendered by non-management directors of Seaview. There are now options outstanding to purchase a total of 5,510,750 Class A shares of Seaview, or approximately 8.4% of Seaview's issued and outstanding Class A shares.

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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