Sharpe Resources Corporation (the 'Company') (NEX:SHO.H)(OTCBB:SHGPF) announces
that it has granted options to purchase a total of 1,700,000 common shares to
directors and officers of the Company. The options are exercisable at $0.10 and
expire on May 8, 2013. The grant of options is subject to regulatory approval.


Sharpe Resources Corporation cautions that the statements made in this press
release and other forward looking statements made on behalf of the Company may
be affected by such other factors including, but not limited to market
volatility, competition, and other risks detailed herein and from time to time
in the Securities and Exchange Commission filings of the Company.
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