STO

Shelton Canada Corp. ("Shelton" or the "Company") (TSX VENTURE:STO) announces
that, subject to regulatory approval, it intends to complete a brokered offering
of common shares ("Common Shares") at a price of $0.13 per Common Share (the
"Offering"). The Offering is subject to a minimum of 11,384,615 Common Shares
for minimum gross proceeds of $1,480,000 and a maximum of 16,923,076 Common
Shares for maximum gross proceeds of $2,200,000.


Shelton intends to use the proceeds from the Private Placement to repay its
500,000 USD indebtedness to TFS and for financing projects in the Ukraine and
for general working capital purposes.


In connection with the Offering, Shelton has agreed to pay a broker's fee of 8%
of the gross proceeds of the sale of the Common Shares to Alpcot Capital
Management upon closing of the Offering by the issuance of Common Shares of the
Corporation at a deemed price of $0.13 per Common Share.


About Shelton Canada Corp.:

Shelton Canada Corp. (www.sheltoncdn.com) is a junior oil and gas company
actively engaged in exploration and development activities in Ukraine. It has
internationally experience Board of Directors. It has assembled a strong
portfolio of oil and gas projects onshore and offshore, strategically balancing
low-cost development and lower-risk exploitation targets with carefully
assessed, higher-risk, higher-yield exploration opportunities. Shelton 's shares
trade on the TSX Venture Exchange under the symbol STO.


Forward-Looking Information

Except for statements of historical fact relating to the company, this news
release may contain certain "forward-looking information" within the meaning of
applicable securities law including opinions, assumptions, estimates and
management's assessment of future plans and operations, budgeted capital
expenditures and funding thereof. Forward-looking information in this news
release is characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate", and other similar words, or statements that
certain events or conditions "may" "will" or "could" occur. There are
uncertainties inherent in forward-looking information, including factors beyond
Shelton's control, and no assurance can be given that such events will occur on
time or at all. Any number of important factors could cause actual results to
differ materially from those in the forward-looking statements including the
possibility of not achieving the funding mentioned in this press release. BOEs
may be misleading, particularly if used in isolation. A BOE conversion ratio of
6 Mcf: 1 bbl is based on an energy equivalency conversion method primarily
applicable at the burner tip and does not represent a value equivalency at the
wellhead.

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