BEY Blacksteel Energy Inc

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

Blacksteel Energy Inc. (TSX VENTURE:BEY) ("Blacksteel" or the "Corporation") is
pleased to announce that it has received conditional approval from the TSX
Venture Exchange ("TSXV") to extend the expiry term of 5,120,910 common share
purchase warrants (the "Warrants") issued as part of its 2013 private placement
(the "Private Placement"). This amendment represents the first amendment made
for the Warrants. 


The original expiry date of the Warrants is July 31, 2014 at 5:00 p.m. (Calgary
time) (the "Expiry Date"). All of the Warrants entitle the holder to purchase
one common share of the Corporation at an exercise price of $0.20 per share.


The Expiry Date is being extended to September 30, 2014 at 5:00 p.m. (Calgary
time). All other terms and conditions of the Warrants remain unchanged. The
Corporation will deliver a Notice of Amendment reflecting the amended expiry
date to the registered holders of the respective Warrants. 


About Blacksteel Energy Inc.

Blacksteel is a junior oil and gas company involved in the exploration,
exploitation, development and production of petroleum and natural gas resources.
The Corporation has a 100% working interest in a four section petroleum and
natural gas lease in the Del Bonita Area of Southern Alberta, which it believes
may have Bakken potential. It also has a 25% working interest in one section of
land in the Crossfield area, which the Corporation believes is oil prospective
in the Elkton formation.


Forward-Looking Information Cautionary Statement: This document contains
forward-looking statements regarding the business and operations of Blacksteel.
All statements other than statements of historical fact contained herein are
forward-looking statements under applicable securities laws. In particular,
statements as to the Corporation's anticipated transactions are forward-looking
statements. These forward looking-statements are based upon various assumptions.
The Corporation's actual results, performance or achievements could differ
materially from those expressed in, or implied by, these forward-looking
statements and, accordingly, no assurances can be given that any of the plans,
intentions or expectations anticipated by the forward-looking statements will
transpire or occur, or if any of them do so, what benefit the Corporation will
derive there from. All subsequent forward-looking statements, whether written or
oral, attributable to the Corporation or persons acting on its behalf are
expressly qualified in their entirety by these cautionary statements.
Furthermore, the forward-looking statements contained in this news release are
made as at the date of this news release and the Corporation does not undertake
any obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by applicable securities laws.


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 


Not for distribution to U.S. Newswire Services or for dissemination in the
United States of America. Any failure to comply with this restriction may
constitute a violation of U.S. Securities Laws. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Blacksteel Energy Inc.
Eugene Chen
Director
(403) 231-8389
eugene.chen@mcmillan.ca

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