TSX Delisting Review – Southern Pacific Resource Corp. (STP, STP.DB)

January 22, 2015

DELISTING REVIEW Southern Pacific Resource Corp. (the "Company") – Further to Bulletin #2015-0029 dated January 15, 2015 TSX is now reviewing the Common Shares and Debentures (Symbols: STP and STP.DB) (collectively, the "Securities") of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The Securities are suspended from trading immediately.

About TMX Group (TSX: X)

TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter at https://twitter.com/tmxgroup.