SAH Sahara Energy Ltd

Sahara Energy Ltd. (TSX VENTURE:SAH) (Sahara) announces that the
previously-announced C$600,000 private placement with Aozhong Jiye Investment
Holdings Limited (Aozhong) is expected to close on or before November 29, 2013,
subject to regulatory approvals. The funds were received by Sahara as a
non-refundable deposit on a larger investment and the parties have agreed that 5
million common shares of Sahara will be issued at the price of C$0.12. With
respect to an additional investment by Aozhong into Sahara, discussions between
the parties are ongoing but are not expected to be concluded before March of
2014. The gross proceeds of C$600,000 will be used as working capital for
Sahara. 


Forward Looking Information: This news release contains forward looking
statements related to the proposed financing. These statements are based on
current expectations that involve a number of risks and uncertainties which
could cause actual results to differ from those anticipated. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sahara Energy Ltd.
Martin Feng
President and CEO
(403) 237-5411
martin@saharaenergy.ca


Sahara Energy Ltd.
Gary Chang
Chief Financial Officer
(604) 569-3979
gary@saharaenergy.ca

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