Passport Energy Ltd. (PPO - CNSX), ("Passport" or the "Company") announces that, pursuant to its continued focus of retaining seasoned oil and gas professionals for its management team and board, Mr. Bruce Murray, has been appointed President and CEO, and Mr. Daniel Tiberio, has been appointed Chief Operating Officer. Mr. Murray has over 30 years of experience in the oil and gas industry and was President and Director of Tenergy Ltd., which was sold in 2006. He was also a co-founder, Director and Chief Operating Officer of Purcell Energy Ltd., which was sold in mid-2005.  Mr. Daniel Tiberio is a Petroleum Engineering Technologist, with over 16 years of experience in oil and gas Exploitation and Optimization of assets in Western Canada.

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Passport Energy Ltd. [CNSX:PPO] (“Passport” or the “Company”) is pleased to announce that further to its announcement of February 27, 2012, it has completed its previously announced private placement (the “Private Placement”). Pursuant to the Private Placement, the Company has issued 9,757,316 common shares at a price of $0.15 per share for gross proceeds of $1,463,597 and 6,709,681 common shares issued on a “flow-through shares” at a price of $0.17 per share for gross proceeds of $1,140,645, for aggregate gross proceeds of $2,604,243.

Passport Energy Ltd. (PPO - CNSX)("Passport" or the "Company") announces that it has received conditional approval for the listing of its common shares on the TSX Venture Exchange ("TSXV").  Listing will be subject to the Company meeting certain conditions to list imposed by the TSXV, including completion of the previously announced private placement with minimum gross proceeds of $2,600,000.  The Company is actively proceeding to satisfy the listing conditions and, upon obtaining final approval will issue a further press release to update shareholders when the common shares will commence trading on the TSXV.

Passport Energy Ltd. (PPO - CNSX)("Passport" or the "Company") announces that Thomas Lantz has resigned from the board of Passport Energy Ltd.  Mr. Lantz is stepping down due to his current workload and to avoid any conflicts of interest between Passport and its joint venture partner American Eagle Energy Corporation ("American Eagle"), whom Mr. Lantz is Chief Operating Officer.  The Company also announces that Senator David Tkachuk has resigned from the board of Passport Energy Ltd. for personal reasons. Passport wishes to thank both Mr. Lantz and Senator Tkachuk for their contributions to the board and wishes them all the best in future endeavors.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Passport Energy Ltd. (PPO - CNSX),("Passport" or the "Company") is pleased to announce that further to its announcement of January 26, 2012, it has signed a revised letter of intent with Salman Partners Inc. ("Salman Partners") to act as Lead Agent ("Lead Agent") on a "commercial best efforts basis" for a syndicate of agents including National Bank Financial and Haywood Securities Inc. for a private placement comprised of up to $1,400,000 Common Shares and up to $1,200,000 Flow-Through Shares (the "Offering").  The Offering consists of up to 9,333,334 Common Shares at $0.15 per share and up to 7,058,824 Flow Through Shares at $0.17 per share.

American Eagle Energy Corporation (OTCBB: AMZG; "American Eagle") and its partner, Passport Energy Ltd (CNSX:PPO), are pleased to announce the drilling and casing of the second horizontal development well in the Hardy Bakken Field.  The Hardy Hz 3D14-17-3A3-17-4-21 (Hardy 14-17) was drilled to a total measured depth of 3,358 m (11,015 ft) with a lateral section of approximately 1,280 m (4,200 ft).  A 26-stage fracture stimulation planned for the completion is scheduled for late February pending availability of the service crew.    American Eagle has received license approval for another well, the Hardy Hz 3D14-5-3A3-5-4-21 (Hardy 14-5), located approximately two miles south of the newly drilled well.  Two additional well license applications are being prepared for submittal within the next 30 days. 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Passport Energy Ltd. (PPO - CNSX),("Passport" or the "Company") is pleased to announce that it has signed a letter of intent with Salman Partners Inc. ("Salman Partners") to act as Lead Agent ("Lead Agent") on a "commercial best efforts basis" for a syndicate of agents including National Bank Financial and Haywood Securities Inc. for a $9 million private placement (the "Offering") comprised of $8 million Common Shares and $1 million Flow-Through Shares.   The Offering may, at the election of Salman Partners, be increased by up to $1,200,000, in the event that subscriptions for Common Shares are received for greater than $8 million.

Calgary Alberta, December 13, 2011 - Passport Energy Ltd (CNSX: PPO; "Passport" or the "Company") is pleased to announce the expansion of the Hardy Bakken core area following the December 05, 2011 Saskatchewan land sale. The company was successful in its bid to acquire 7 gross (6.25 net sections) in close proximity to its existing acreage in the Hardy area. Within these 7 sections, 6 were purchased at 100% working interest and 1 at 25% working interest (with the company's area partner, Eternal Energy, at 75%). This brings the total number of sections that Passport has an interest in to 46.75 (gross) or 18.7 (net) within the core area.

Calgary Alberta, December 05, 2011 - Passport Energy Ltd. (CNSX:PPO; "Passport" or the "Company") is pleased to provide shareholders with an operational update with respect to its recent results in the Hardy SE Saskatchewan Bakken light oil play. Passport also wishes to provide details of a Farmin and Option Agreement which has been signed with a large independent Canadian oil and gas company on 34 sections of land in the Hardy area. Operational Update In the second quarter the Company’s first development well, Hardy S HZ 1A4–16-4B4-09-004-21W2, was completed utilizing a 28 stage multi fracture stimulation and placed on production on September 8th, 2011. With this well the Company has earned a 25% working interest in 2 ¼ sections from surface to basement.

Silver Mountain Mines Inc. (CNSX:SMM) ("Silver Mountain" or the "Company") is pleased to report that it has concluded its latest diamond drilling program at its Ptarmigan Property located near Radium, British Columbia. The program drilled 22 surface holes totalling 3,712 metres; the Company is currently reporting assays on the first four holes. The recently completed 2011 surface diamond drill program was focused primarily on deeper testing of the Upper Ptarmigan Basin anticline structure; the coincident low resistivity and high chargeability anomalies (2009) and the Upper Ptarmigan massive sulphide/manto deposit trend identified from trenching and shallow drilling in 2009. The program was comprised of 22 holes with an average depth of 169 metres. Eight (8) of the holes tested the Upper Ptarmigan massive sulphide trend; one (1) hole tested the Iron Cap Pb-Ag trend; and thirteen (13) holes were drilled in the anticline structure, now called the East Ptarmigan trend.

Calgary, Alberta CANADA, July 29, 2011 /FSC/ - Passport Energy Ltd. (PPO - CNSX)("Passport" or the "Company") is pleased to announce an update on its Hardy S 1A4-16-4B4-9-04-21W2 well (the "Hardy 4-16 well") located in south-eastern Saskatchewan based on information provided to us by its partners American Eagle Energy Inc. and Eternal Energy Corp. The first development well in the field, Hardy S HZ 1A4-16-4B4-9-4-21W2, was drilled and cased in May, 2011. Completion plans included a 29-stage fracture stimulation of the Bakken horizontal well that placed a total of 429,000 pounds of sand and 6,400 barrels of water in the 1370 meter lateral section.

 Passport Energy Ltd. (PPO - CNSX), is pleased to announce that in conjunction with its partners American Eagle Inc. and Eternal Energy Corp. has successfully completed drilling and casing its Hardy S 1A4-16-4B4-9-04-21W2 well (the "Hardy 4-16 well") ahead of schedule. The Bakken formation well was drilled to a vertical depth of approximately 3,504 meters and extended horizontally for approximately 1,320 meters, and is located approximately one-half mile west of the closest producing horizontal Bakken well in the Hardy field. The initial drilling was completed in 18 days instead of 21 days, as originally anticipated. The Company expects to complete a 29-stage fracture stimulation of the well later this month.

Calgary, Alberta CANADA, May 11, 2011 /FSC/ - Passport Energy Ltd. (PPO - CNSX), ("Passport" or the "Company") is pleased to announce that its partners and operator, American Eagle Energy Inc. and Eternal Energy Corp. have commenced drilling operations, on Passport's first horizontal well in the Hardy Bakken Field, located in Southeast Saskatchewan. A multi-stage fracture completion program will commence following drilling operations. The well will then be produced over an extended period to evaluate the economic value of the Bakken formation in the Hardy area.

Passport Energy Ltd. (PPO - CNSX), ("Passport" or the "Company") is pleased to announce it has executed a formal farm-in agreement with American Eagle Energy Inc. and Eternal Energy Corp. for the previously announced letter of intent in the Hardy Bakken field in south-eastern Saskatchewan. The agreement allows Passport to farm-in on up to two wells and associated acreage in the Hardy Bakken Field in south-eastern Saskatchewan. The Company can earn a 25% interest (subject to applicable royalties) in the new wells by paying 38.5% of the drilling costs associated with each well and fulfilling other obligations. The remaining costs will be shared by two partners - American Eagle Energy Inc. and Eternal Energy Corp.

Passport Energy Ltd. (PPO - CNSX), announces that it has strengthened its management team by making two new appointments. Bruce Murray who is a director and Chairman of the board has now been appointed to the Chief Executive Officer and Daniel Tiberio as Vice President, Operations. Bruce Murray brings to the Company over 30 years of experience gained in various positions with emerging, junior and senior oil and gas companies. Mr. Murray was President and Director of Tenergy Ltd., which was sold in 2006. He was also a co-founder, Director and Chief Operating Officer of Purcell Energy Ltd., which sold two-thirds of its oil and gas assets in mid-2005 and spun-out its remaining assets into two separate exploration companies, one being Tenergy Ltd.

Calgary, Alberta CANADA, March 08, 2011 /FSC/ - Passport Energy Ltd. (PPO - CNSX), announces that it has closed its second tranche of a non-brokered private placement on 6,559,000 units for gross proceeds of $1,639,750. On January 6, 2011, the Company announced the non-brokered private placement for a maximum of 20,000,000 units at a price of $0.25 per unit, for total gross proceeds of up to $5,000,000. Each unit is comprised of one (1) common share and one (1) share purchase warrant. Each warrant entitles the holder to purchase one (1) additional common share of the Company for a period of eighteen months at a price of $0.35 per share. The private placement will be subject to regulatory approval.

Passport Energy Ltd. (PPO - CNSX),announces that it has closed its first tranche of a non-brokered private placement on 8,060,000 units for gross proceeds of $2,015,000. The Company anticipates closing on the balance of the private placement in the next two weeks. On January 6, 2011, the Company announced the non-brokered private placement for a maximum of 20,000,000 units at a price of $0.25 per unit, for total gross proceeds of up to $5,000,000. Each unit is comprised of one (1) common share and one (1) share purchase warrant. Each warrant entitles the holder to purchase one (1) additional common share of the Company for a period of eighteen months at a price of $0.35 per share. The private placement will be subject to regulatory approval. In addition, all securities will be subject to a hold period of four (4) months from the date they are issued. The private placement will be subject to a finder's fee of 8% cash fee and 8% broker warrants to registered dealers who introduce subscribers under the offering.

Passport Energy Ltd. (PPO - CNSX),(the "Company") is pleased to announce that the Honourable Otto Jelinek has joined the Company as Managing Partner, with responsibility for corporate and financial affairs in Europe. Mr. Jelinek served as a Minister in several Canadian governments, including Minister for National Revenue for Canada from 1989 to 1993 and Minister of State for Sport during the 1988 Winter Olympics held in Calgary, Alberta. He is a former World Figure Skating Champion and a member of Canada's Sports Hall of Fame. After retiring from politics in 1993, Mr. Jelinek returned to the Czech Republic to form Jelinek International and promote trade, investment and business opportunities in his homeland. In 1996, he became Chairman of Deloitte and Touche Czech Republic and later took on additional responsibilities as Office Managing Partner and Chairman of Deloitte and Touche Central Europe.

Passport Energy Ltd. (PPO - CNSX),announces that it has arranged a non-brokered private placement for a maximum of 20,000,000 units at a price of $0.25 per unit, for total gross proceeds of up to $5,000,000. Each unit is comprised of one (1) common share and one (1) share purchase warrant. Each warrant entitles the holder to purchase one (1) additional common share of the Company for a period of eighteen months at a price of $0.35 per share. The private placement will be subject to regulatory approval. In addition, all securities will be subject to a hold period of four (4) months from the date they are issued. The private placement will be subject to a finder's fee of 8% cash fee and 8% broker warrants to registered dealers who introduce subscribers under the offering.

Passport Energy Ltd. (PPO - CNSX), is pleased to announce that it has signed a letter of intent (the "LOI") allowing it to farmin on up to two wells and associated acreage in the Hardy Bakken Field in southeastern Saskatchewan. The Company can earn a 25% interest (subject to applicable royalties) in the new wells by paying 38.5% of the drilling costs associated with each well and fulfilling other obligations. The first well must be commenced by February 1, 2011 and the second well by March 31, 2011 or such other date as may be mutually agreed. The remaining costs will be shared by two partners - American Eagle Energy Inc. and Eternal Energy Corp. - focused on Bakken oil and gas projects within the Williston Basin.