SXS

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Solimar Energy Limited (ASX:SXS)(TSX VENTURE:SXS) ("Solimar" or "the Company")
provides notice to the holders of outstanding debentures ("February
Debentureholders"), which were issued pursuant to the trust indenture dated
February 10, 2012, as amended July 27, 2012 (the "Indenture"), that the Company
has satisfied its obligation to pay the principal and remaining interest to
February Debentureholders on December 31, 2013 by issuing an aggregate of
24,529,905 common shares of the Company ("Debenture Repayment Shares").


The Company reminds the February Debentureholders that their receipt of their
portion of the Debenture Repayment Shares will only be effected upon their
presentation and surrender of the original debenture certificate to
Computershare Trust Company of Canada (the trustee under the Indenture) at its
principal trust office in Calgary, Alberta. 


Solimar has also issued 1,423,490 common shares ("shares") to the holders of
those debentures issued on 31 July 2012 ("June Debentures") in satisfaction of
its obligation to pay interest on the June Debentures for the December 2013
quarter under the terms of the debenture indenture dated June 26, 2012 as
amended August 14, 2013. 


The shares and Debenture Repayment Shares issued to satisfy the interest have
been made under the Company's 15% placement capacity per ASX Listing Rule 7.1.


An application for quotation on ASX of the shares and Debenture Repayment Shares
is being made.


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.


ABN 42 112 256 649 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Solimar Energy, LLC
Jason Bednar
Director
+1 805 643 4100 or (03) 9347 2409
www.solimarenergy.com.au

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