Energizer Resources Receives Final Listing Approval; Shares to Commence Trading on the Toronto Stock Exchange June 16, 2011

Energizer Resources Inc. (TSX:EGZ)(OTCBB:ENZR)(FRANKFURT:YE5) ("Energizer" or
the "Company") is pleased to announce that it has received final listing
approval from The Toronto Stock Exchange (the "TSX") and that its common shares
will commence trading on the TSX on June 16, 2011 under its current trading
symbol, "EGZ". Consequently, the Company's common shares will be delisted from
the TSX Venture Exchange. 


About Energizer Resources 

Energizer Resources Inc. is a mineral exploration and development company based
in Toronto, Canada, which is developing its 100%-owned Green Giant Vanadium
Project located in Madagascar. The Green Giant vanadium deposit is one of the
largest known vanadium deposits in the world. In addition to the Toronto Stock
Exchange (TSX:EGZ), the Company's common shares trade on the U.S.
Over-The-Counter Bulletin Board under the symbol, ENZR, and on the Frankfurt
Exchange under the symbol, YE5.


For more information, please visit our website at www.energizerresources.com. 

Safe Harbour Statement: This press release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual events
or results could differ materially from expectations and projections set out
herein.


Forward-looking statements include, receipt of regulatory approval, statements
on the proposed use of proceeds; completion of financing on terms proposed; the
ability to raise additional funds as required; the development potential and
timetable of the Company's properties and minerals; the current and future price
of minerals the Company explores; the estimated size of mineral deposits on the
Company's properties; the realization of those mineral deposit estimates; the
timing and amount of estimated future exploration, development and production;
costs of future exploration, development and production activities; success of
exploration activities; government regulatory matters; discussion of political
and environmental risks. Forward-looking statements are based on the opinions
and estimates of management of the Company. Forward-looking statements are
subject to known and unknown risks that may cause actual results to be
materially different from stated opinions and estimates of management. Some of
the Company's more material risks are: availability and timing of external
financing; unexpected events and delays during exploration; receipt of
government and stock exchange approvals; results of current exploration
activities; future price of minerals; political risks in the locations of the
Company's properties; appreciation/depreciation of foreign currencies relative
to the United States Dollar (the Company's functional currency) and other risks
inherent in the mining and exploration industry.


This press release does not constitute an offer to sell or a solicitation of an
offer to sell 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 laws and
may not be offered or sold within 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.