Silk Road Energy Inc. Announces Expiration of Previously Announced Letter of Intent

NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS
RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. 


Silk Road Energy Inc. (the "Corporation") (TSX VENTURE:SLK.P) announces that the
previously announced non-binding letter of intent dated August 29, 2012 entered
into with Verity Energy Ltd. ("Verity") has expired, and a result the
Corporation is now examining alternative opportunities to complete a qualifying
transaction. The Corporation did not advance any funds to Verity in connection
with the proposed qualifying transaction.


The Corporation will continue to pursue and evaluate other businesses and assets
with a view to completing a qualifying transaction. The Corporation cannot offer
any assurances that a qualifying transaction will be completed.  


The Corporation's common shares will be reinstated to trading at the market open
within 48 hours of the TSX Venture Exchange's issuance of a Resume Trading
Bulletin. 


Cautionary Statements

This press release contains forward-looking information. More particularly, this
press release contains statements concerning the resumption of trading of the
Corporation's common shares on the TSX Venture Exchange and other factors.
Often, but not always, forward-looking statements can be identified by the use
of words such as "plans", "is expected", "expects", "scheduled", "intends",
"contemplates", "anticipates", "believes", "proposes" or variations (including
negative variations) of such words and phrases, or state that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or
be achieved. Such statements are based on the current expectations of the
management of the Corporation. The forward-looking events and circumstances
discussed in this release, including the resumption of trading of the
Corporation's common shares on the TSX Venture Exchange, may not occur by
certain specified dates or at all and could differ materially as a result of
known and unknown risk factors and uncertainties affecting the Corporation,
including, but not limited to, economic factors and the equity markets
generally. Although the Corporation has attempted to identify important factors
that could cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other factors that
cause actions, events or results to differ from those anticipated, estimated or
intended. No forward-looking statement can be guaranteed. The forward-looking
statements contained in this press release are made as of the date hereof and
the Corporation undertakes no obligations 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.


This press release is not an offer of the securities for sale in the United
States. The securities have not been registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or an exemption from registration. 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.