Shoreline Energy Corp.
TSX : SEQ

Shoreline Energy Corp.

July 25, 2011 17:06 ET

Shoreline Energy Corp. Files Amended and Restated March 31 2011 Financial Statements and MD&A in Accordance with IFRS for Oil and Gas Issuers

CALGARY, ALBERTA--(Marketwire - July 25, 2011) -

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.

Effective January 1, 2011 Shoreline Energy Corp. (TSX:SEQ) ("Shoreline") began reporting its financial results in accordance with International Financial Reporting Standards ("IFRS").

On July 25, 2011, Shoreline filed amended financial statements for the three months ended March 31, 2011 in order to comply with IFRS. The amended financial statements contain amendments to the accompanying notes, which notes were amended so that prior year comparative amounts now reflect results as if Shoreline had always prepared its financial results using IFRS.

Shoreline will file unaudited financial statements for the three and six months ended June 30, 2011 in accordance with IFRS for oil and gas issuers on or about August 15, 2011, which statements will include the petroleum and natural gas assets acquired by Shoreline on April 28, 2011.

Contact Information