NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN
UNITED STATES 


Iona Energy Inc. ("Iona" or the "Company") (TSX VENTURE:INA) is pleased to
announce that the TSX Venture Exchange has approved its application to graduate
to Tier 1 of the TSX Venture Exchange. Iona will commence trading as a Tier 1
issuer on Wednesday, January 8, 2014.


Additional information relating to the Company is available on SEDAR at
www.sedar.com.


About Iona Energy: 

Iona is an oil and gas exploration, development and production company focused
on oil and gas development and exploration in the United Kingdom's North Sea.


Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Iona Energy Inc.
Neill A. Carson
Chief Executive Officer
+44 1224 228400


Iona Energy Inc.
Graham A. Heath
Interim Chief Financial Officer
403 605 6726


Iona Energy Inc.
David Ricciardi
Manager, Corporate & Investor Relations
403 978 4894

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