Shoreline Energy Corp.
TSX : SEQ

Shoreline Energy Corp.

August 09, 2011 06:49 ET

Shoreline Announces Change of Date for Annual and Special Meeting

CALGARY, ALBERTA--(Marketwire - Aug. 9, 2011) -

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Shoreline Energy Corp. (TSX:SEQ) ("Shoreline") hereby announces that it has changed the date of its Annual and Special Meeting (the "Meeting") from August 22, 2011 to September 28, 2011. The Meeting will be held at 10:00 a.m. at the Calgary Petroleum Club, 319- 5th Avenue SW, Calgary Alberta.

Shoreline's management information circular, which was originally scheduled to be mailed to shareholders in late July, is now expected to be mailed to shareholders on or about September 1, 2011. The delay in mailing is attributable to the unforeseen requirement to adapt the financial reports of the three companies to be acquired by Shoreline (previously announced on July 5, 2011) from Generally Accepted Accounting Principles ("GAAP") which remains the reporting standard for private companies, to the new International Financial Reporting Standards ("IFRS") adopted by publicly traded companies. In an attempt to accelerate receipt of the information required, Shoreline has engaged the services of both an IFRS consultant, as well as KPMG the company's auditors.

Shoreline Energy Corp. is an emerging junior oil and gas company based in Calgary, Alberta. Shoreline provides its shareholders with dividend income as well as value growth through the development of oil and gas reserves and production, with a specific focus in the Peace River Arch of northwest Alberta.

Shoreline's common shares are listed for trading on the TSX under the trading symbol SEQ. Further information regarding Shoreline is available on its website at www.shorelineenergy.ca and on SEDAR at www.sedar.com.

This press release contains forward-looking statements. More particularly, this press release contains forward-looking statements concerning the completion of the management information circular and the date of the Annual and Special Meeting. These statements are based on current expectations and assumptions regarding, among other things, the ability to complete the management information circular in order to meet necessary deadlines. The forward looking statements involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. Such risks include, but are not limited to, the ability of Shoreline's consultants and auditors to complete their reports in full compliance with IFRS. Such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release and Shoreline undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The TSX neither approves nor disapproves of the contents of this Press Release.

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