GME Geomark Exploration Ltd.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES.


Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) and Geomark Exploration
Ltd. ("Geomark") (TSX VENTURE:GME) are pleased to announce that Geomark has
received the interim order of the Court of Queen's Bench of Alberta in respect
of the previously announced proposed plan of arrangement involving Pine Cliff,
Geomark and the shareholders of Geomark (the "Arrangement"). A joint information
circular of Geomark and Pine Cliff dated September 19, 2012 (the "Information
Circular"), in respect of the special meetings of the Geomark shareholders and
Pine Cliff shareholders, to be held at 9:00 a.m. (Calgary time) and 10:00 a.m.
(Calgary time), respectively, on October 18, 2012 for the purpose of obtaining
the requisite approvals in respect of the Arrangement and matters related to the
Arrangement, will be mailed to shareholders in the upcoming days. The
Information Circular contains detailed information regarding the Arrangement,
which provides for, among other things, the acquisition by Pine Cliff of all of
the issued and outstanding common shares of Geomark ("Geomark Shares"), on the
basis of 1.5 common shares of Pine Cliff ("Pine Cliff Shares") for each Geomark
Share. For further details regarding the Arrangement please refer to the
Information Circular, a copy of which is available under the corporate profiles
of each of Pine Cliff and Geomark on the System for Electronic Document Analysis
and Retrieval (SEDAR) at www.sedar.com. 


If all conditions for the completion of the Arrangement are satisfied or waived,
it is presently expected that the Arrangement will be completed on or about
October 19, 2012. Pine Cliff has received the conditional approval of the TSX
Venture Exchange (the "TSXV") in respect of the listing of the additional Pine
Cliff Shares to be issued in connection with the Arrangement. Such additional
listing is subject to Pine Cliff fulfilling the requirements of the TSXV. 


Further to the press release of September 6, 2012, Pine Cliff and Geomark wish
to advise that it is no longer anticipated that Pine Cliff will undergo a change
of name as part of the Arrangement. Accordingly, subsequent to the completion of
the Arrangement, the combined entity is expected to carry on business under the
name "Pine Cliff Energy Ltd." for the time being.


Geomark also announces that Mark Balog, the current President and Chief
Operating Officer of Geomark, has given notice that he will be resigning on the
earlier of the completion of the Arrangement or October 31, 2012. This timing
allows for a reasonable period of time after completion of the Arrangement to
allow for an orderly transition of responsibilities. The Board of Directors and
management of Geomark would like to thank Mr. Balog for his contribution and
successes with the mineral operations over the years and wish him continued
success in his future endeavours.


For Further Information:

Further information relating to Pine Cliff may be found on www.sedar.com as well
as on Pine Cliff's website at www.pinecliffenergy.com.


Further information relating to Geomark may be found on www.sedar.com as well as
on Geomark's website at www.geomark.ca.


Cautionary Statements

This news release contains certain statements or disclosures relating to Pine
Cliff and Geomark that are based on the expectations of Pine Cliff and Geomark
as well as assumptions made by and information currently available to Pine Cliff
and Geomark which may constitute forward-looking information under applicable
securities laws. All such statements and disclosures, other than those of
historical fact, which address activities, events, outcomes, results or
developments that Pine Cliff and Geomark anticipate or expect may, or will occur
in the future (in whole or in part), including the mailing of the Information
Circular, the Arrangement, the listing on the TSXV of the Pine Cliff Shares
issuable pursuant to the Arrangement, the timing of the Pine Cliff Meeting and
the Geomark Meeting, the resignation of Geomark's President and Chief Operating
Officer, the name of the combined entity following the Arrangement, and the
successful completion of the Arrangement and the timing thereof should be
considered forward-looking information. In some cases, forward-looking
information can be identified by terms such as "forecast", "future", "may",
"will", "expect", "anticipate", "believe", "potential", "enable", "plan",
"continue", "contemplate", "intend", or other comparable terminology. Readers
are cautioned that there is no assurance that the matters referenced herein will
proceed as set forth herein or at all. Many factors could cause the performance
or achievement by Pine Cliff and Geomark to be materially different from any
future results, performance or achievements that may be expressed or implied by
such forward-looking statements. These factors include failure to obtain
necessary shareholder, regulatory, stock exchange, court and other third party
consents and approvals. Readers are cautioned that the foregoing list of factors
is not exhaustive. The forward-looking statements contained in this news release
are expressly qualified by this cautionary statement. Neither Pine Cliff nor
Geomark are under any duty to update any of the forward-looking statements after
the date of this news release or to conform such statements to actual results or
to changes in Pine Cliff's or Geomark's expectations and each of Pine Cliff and
Geomark disclaim any intent or obligation to update publicly any forward-looking
statements, whether as a result of new information, future events or results or
otherwise, other than as required by applicable securities laws.

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