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Warrant Symbol - SVW.WT
Number  Trading - 10,637,500
Expiration Date - Feb. 22, 2008
Cusip - 83149P 11 0

Warrants called to trade news

Silverwing to list 10,637,500 warrants on Nov. 20

2006-11-16 20:01 ET - Warrants Called to Trade
TSX bulletin 2006-1513
A total of 10,637,500 common share purchase warrants of Silverwing Energy Inc.
will be listed and posted for trading at the open on Nov. 20, 2006, under the
following trading information:

Warrant symbol:  SVW.WT
Warrant Cusip No.:  83149P 11 0
Designated market-maker:  TD Securities Inc.
Other markets:  None

The warrants were issued in connection with an initial public offering by the
company of units, with each unit consisting of one common share and one warrant,
issued at a price of $2 per unit. Each warrant entitles the holder to purchase one
additional common share of the company at a price of $2.25 per share at any time
prior to 5 p.m. (Calgary time) on Feb. 22, 2008.

The warrants will be governed by the terms of a warrant indenture, as may be
amended, between the company and Valiant Trust Co., as warrant trustee. The
warrant indenture provides for appropriate adjustments to the warrants in the event
of stock dividends, subdivisions, consolidations and other forms of capital

The common shares underlying the warrants have been qualified for distribution
pursuant to a prospectus dated Aug. 10, 2006.

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