SBK Sherbrook Sbk Sport Corp

Sherbrook SBK Sport Corp. (TSX VENTURE: SBK) ("SBK" or the "Corporation") announced, on July 21, 2011 or up to 40,000,000 units (the "Units") at a price of 0.10 $ per Unit (the"Offering"). Considering the conditions prevailing on the securities market, SBK has modified the conditions of the Offering.

The Corporation will now proceed with a private placement in equity of up to 66,666,667 units of the Corporation (the "Units") at a price of $0.06 per Unit, each Unit being comprised of one common share and one share purchase warrant (the "Offering"). Each warrant will entitle its holder to acquire one common share at a price of $0.12 for a period of 24 months following the closing date. The Units will be offered to accredited investors in the Provinces of Quebec, Ontario, British Columbia and Alberta. The securities issued pursuant to the Offering will be subject to a 4 month hold period. SBK has not retained a brokerage firm to act as lead agent but it could pay a cash commission up to 8 % of the gross proceeds and issue non-transferable broker warrants equal to up 8 % of the number of common shares comprised in the Units and sold by registered brokers or exempt market dealers in Canada. The broker warrants will be exercisable at $0.12 per common share for a period of 24 months from the closing date.

The Offering is subject to certain conditions including the receipt of all necessary approvals. The net proceeds of this Offering will be used for potential acquisitions, marketing expenses and working capital.

About Sherbrook SBK Sport Corp.

SBK is a Canadian publicly traded company specializing in the design, manufacturing and distribution of sporting goods and apparels. The Corporation's current main focus is on the design, manufacturing and distribution of hockey equipment including a variety of sticks, skates and protective gear for both players and goalie.

IMPORTANT INFORMATION

Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of SBK to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Corporation or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the Corporation's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the exploration for and development of mineralized material, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and SBK does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on the SBK's website does not constitute a part of this release.

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.

Contacts: Sherbrook SBK Sport Corp. Georges Guilbault President 819-791-2066 gguilbault@sbkhockey.com www.sbkhockey.com