Donnybrook Energy Inc. Closes $12 Million Bought Deal Equity Financing

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES,
TO UNITED STATES NEWS WIRE SERVICES OR TO UNITED STATES PERSONS.


Donnybrook Energy Inc. ("Donnybrook" or the "Company")(TSX VENTURE:DEI)
announces that it has closed its previously announced equity financing by way of
a short form prospectus on a bought deal basis by completing the sale of
8,000,000 common shares of the Company ("Common Shares") at a price of $0.50 per
Common Share and 13,800,000 common shares of the Company to be issued as
"flow-through shares" within the meaning of the Income Tax Act (Canada)
("Flow-Through Shares") at a price of $0.58 per Flow-Through Share, resulting in
gross proceeds of approximately $12 million (the "Offering"). The Offering was
completed through a syndicate of underwriters led by Dundee Securities Ltd. and
including GMP Securities L.P. and Fraser Mackenzie Limited (collectively, the
"Underwriters"). After the issuance of the foregoing, Donnybrook has
approximately 193.6 million Common Shares issued and outstanding. 


The net proceeds of the Offering will be used to fund capital expenditures,
operations and development of the Company's properties and for general working
capital purposes in connection with the Company's Bigstone and Simonette wells
and the gross proceeds from the issuance of the Flow-Through Shares will be used
to incur qualifying Canadian exploration expenses, each as further described in
the prospectus of the Company dated November 4, 2011 and available on the
Company's SEDAR profile at www.sedar.com. 


Further information relating to the Company is also available on its website at
www.donnybrookenergy.ca.


ON BEHALF OF THE BOARD OF DONNYBROOK ENERGY INC.

Malcolm F.W. Todd, President and Chief Executive Officer

This news release is not for dissemination or distribution in the United States,
to United States news wire services or to United States persons. This news
release is not an offer of securities for sale in the United States. Securities
may not be offered or sold in the United States or to or for the account or
benefit of US persons (as such terms are defined in Regulation S under the
United States Securities Act of 1933, as amended (the "U.S. Securities Act")),
absent registration or an exemption from registration. The securities offered
have not been and will not be registered under the U.S. Securities Act or any
state securities laws and, therefore, may not be offered for sale in the United
States, except in transactions exempt from registration under the U.S.
Securities Act and applicable state securities laws. This press release shall
not constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in any State in which such offer,
solicitation or sale would be unlawful.


FORWARD-LOOKING STATEMENTS

Certain information set forth in this news release contains forward-looking
statements or information ("forward-looking statements"), including statements
regarding the use of the proceeds of the Offering. The intended use of net
proceeds of the Offering by Donnybrook might change if the board of directors of
Donnybrook determines it would be in the best interest of Donnybrook to deploy
the proceeds for another purpose. By their nature, forward-looking statements
are subject to numerous risks and uncertainties, some of which are beyond
Donnybrook's control, including the impact of general economic conditions,
industry conditions, volatility of commodity prices, currency fluctuations,
imprecision of reserve estimates, environmental risks, operational risks in
exploration and development, competition from other industry participants, the
lack of availability of qualified personnel or management, stock market
volatility and the ability to access sufficient capital from internal and
external sources. Although Donnybrook believes that the expectations in our
forward-looking statements are reasonable, our forward-looking statements have
been based on factors and assumptions concerning future events which may prove
to be inaccurate. Those factors and assumptions are based upon currently
available information. Such statements are subject to known and unknown risks,
uncertainties and other factors that could influence actual results or events
and cause actual results or events to differ materially from those stated,
anticipated or implied in the forward looking information. The risks,
uncertainties, material assumptions and other factors that could affect actual
results are discussed in our management's discussion and analysis, Annual
Information Form and other documents available at www.sedar.com. As such,
readers are cautioned not to place undue reliance on the forward looking
information, as no assurance can be provided as to future results, levels of
activity or achievements. Furthermore, the forward-looking statements contained
in this document are made as of the date of this document and, except as
required by applicable law, Donnybrook does not undertake any obligation to
publicly update or to revise any of the included forward-looking statements,
whether as a result of new information, future events or otherwise. The
forward-looking statements contained in this document are expressly qualified by
this cautionary statement.