Simba Energy Inc. (TSX VENTURE:SMB) (OTCBB:SMBZF) (the "Company") announces the
Board of Directors have agreed to extend the expiry date of warrants issued on
January 20, 2011, with an original expiry date of January 20, 2012. There are
currently 21,161,250 warrants outstanding, each warrant exercisable into one
common share of the Company at a price of $0.12 per share. The warrants were
issued pursuant to a private placement of 42,322,500 shares with 21,161,250
warrants attached. Subject to the acceptance of the TSX Venture Exchange, the
new expiry date of the warrants will be January 20, 2013. The exercise price of
the warrants will remain at $0.12 per share. 


On Behalf of the Board,

"Robert Dinning", President and CEO
Simba Essel Energy (TSXV:SMB)
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