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ShaMaran Petroleum Corp. 
Listed Company 

SHAMARAN PETROLEUM CORP. ("SNM.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: January 30, 2015
TSX Venture Tier 2 Company

Effective at the opening on February 4, 2015, the Rights of the Company will trade with Special Settlement. The Rights expire on February 9, 2015 and will therefore be delisted at the close of business on Monday, February 9, 2015.

TRADE DATES

February 4, 2015 - TO SETTLE - February 6, 2015
February 5, 2015 - TO SETTLE - February 6, 2015
February 6, 2015 - TO SETTLE - February 9, 2015
February 9, 2015 - TO SETTLE - February 9, 2015

The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the rights shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
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