Sunridge Energy Corp. Announces Name Change

Vancouver B.C. July 29, 2013: Sunridge Energy Corp. (SRG: TSX.V) ("Sunridge" or the "Company") announces that it has received the approval of its shareholders and the TSX Venture Exchange regarding the consolidation of its issued common shares on the basis of four old shares for one new share, and the change of its name to "Golden Coast Energy Corp.".

Effective at the opening of trading on July 30, 2013, the Company's common shares will be called for trading on the Exchange under the new name of Golden Coast Energy Corp. and on a consolidated basis. The Company's new trading symbol will be "GCE".

ABOUT SUNRIDGE

Sunridge is a junior oil and gas exploration and development company with production operations in the Province of Alberta.

On behalf of the board,

Gary Schellenberg

Chief Executive Officer

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Sunridge cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Sunridge's control. Such factors include, among other things: risks and uncertainties relating to Sun ridge's ability to complete the drilling of the Test Well; earn a working interest in the Property and that there will be production from any wells drilled. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Sunridge undertakes no obligation to publicly update or revise forward-looking information.

This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("the U.S. Securities Act") or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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.

For further information please contact:

Sunridge Energy Corp.

650 West Georgia St. Suite 620

Vancouver, British Columbia V6B 4N9

Tel: [phone]

Fax: [phone]

Email: [e-mail]