Exchange Bulletin

Seven Generations Energy Ltd. (VII) To Trade On Toronto Stock Exchange


October 30, 2014

Seven Generations Energy Ltd. To Trade On Toronto Stock Exchange

October 30, 2014

An application has been condition ally approved by Toronto Stock Exchange ("TSX") for the listing of class A common shares (the "Shares") of Seven Generations Energy Ltd. (the "Company") subject to completion of a proposed initial public offering (the "Offering") of these securities as described in the Company's Amended and Restated Preliminary Base PREP Prospectus dated October 9, 2014, amending and restating the Preliminary Base PREP Prospectus dated September 23, 2014 (the "Prospectus"). It is anticipated that, in the next few days, the Company will file a Final Base PREP Prospectus and Final Supplemental Prospectus for its offering of Shares.

As soon as possible after the Final Base PREP Prospectus is cleared by the relevant securities regulatory authorities and a Final Supplemental Prospectus is filed, TSX will post the Shares for trading on an "if, as and when issued" basis under the trading information set out below. Before the Shares are posted for trading on such basis, TSX will issue a trader note confirming both the pricing and the expected closing date for the prospectus offering. If and when the prospectus offering closes, the Shares will be listed on TSX.


Stock Symbol: "VII" CUSIP: 81783Q 10 5 Trading Currency: CDN$


Temporary Market Maker: RBC Capital Markets
Other Markets: None
Settlement: Subject to the closing of the prospectus offering: (i) all trades in "VII" on and before the fourth trading day preceding the closing date will be for special settlement on the closing date and will appear on the Settlement Report from CDS Clearing and Depository Services Inc. ("CDS"); and (ii) all trades in "VII" for each of the three trading days preceding the closing date will be for special settlement three business days after the trade date and will appear on the Settlement Report from CDS. If the prospectus offering does not close, all of the "if, as and when issued" trades will be cancelled. No securities will be delivered and no money will be owed by purchasers to sellers.

Parties who are entitled to receive Shares under the prospectus offering may sell such securities in the "if, as and when issued" market without being subject to restrictions on short sales. Parties who are not entitled to receive Shares under the prospectus offering must comply with the short sale rule in all respects for any sales they make in the "if, as and when issued" market.

If and when the prospectus offering closes, there will be no further trading in "VII" on an "if, as and when issued" basis and the Shares issued at such closing will trade on a regular settlement basis.

Additional information on the Shares may be found in the Prospectus, which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.

Head Office Address: Suite 300, 140 - 8th Avenue
Calgary, Alberta T2P 1B3
Head Office Telephone Number: 403-718-0700
Fax Number: 403-532-8020
Email: pcarlson@7genergy.com
Investor Relations: Chris Law
Vice President, Corporate Planning
claw@7genergy.com

-or-

Harry Cupric
Chief Financial Officer
hcupric@7genergy.com
Incorporation: The Company was incorporated pursuant to the Canada Business Corporations Act on January 8, 2001.
Fiscal Year End: December 31
Chief Financial Officer: Harry Cupric
Corporate Secretary: Leland Corbett
Nature of Business: The Company is an independent company focused on the acquisition, development and value optimization of high quality tight and shale hydrocarbon resource plays.
Dividends: No dividends have previously been declared or paid the Company. The Company does not anticipate declaring or paying any dividends on the Shares in the foreseeable future. The board of directors will determine if and when dividends should be paid in the future after considering a variety of factors considered to be relevant to the board of directors.
Transfer Agent & Registrar: Computershare Trust Company of Canada at its principal offices in Calgary, Alberta and Toronto, Ontario.
Initial Issuance of Units: Pursuant to the terms of the Prospectus, the Company is offering approximately 38,095,238 to 47,058,824 million Shares. The Shares are being offered at a price anticipated to be between $17.00 and $21.00 per Share (the "Offering Price"), through RBC Dominion Securities Inc., Credit Suisse Securities (Canada) Inc. and Peters & Co. Limited. (as co-lead underwriters) and BMO Nesbitt Burns Inc., CIBC World Markets Inc., Jefferies LLC, Scotia Capital Inc., TD Securities Inc., AltaCorp Capital Inc., National Bank Financial Inc., Canaccord Genuity Corp., Cormark Securities Inc., FirstEnergy Capital Corp., GMP Securities L.P., Macquarie Capital Markets Canada Ltd., Raymond James Ltd., and Leed Financial Markets Inc. (collectively, the "Underwriters").

In addition, the Company has granted the Underwriters an option (the "Over-Allotment Option") exercisable for a 30-day period following the closing of the Offering to purchase up to an additional 15% of the Offering at the Offering Price."