NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES.

Petrox Capital Corp. (TSX VENTURE:PTC) (the "Corporation") is pleased to
announce that the Corporation's name has been changed to "Petrox Resources
Corp.". 


Effective at the opening of trading on August 15, 2012, the common shares of the
Corporation will commence trading on the TSX Venture Exchange (the "Exchange")
under the new name and the common shares under the name of "Petrox Capital
Corp." will be delisted. The Corporation is classified as an "Oil & Gas Company"
with the Exchange.


The trading symbol for the common shares of the Corporation on the Exchange will
remain "PTC".


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL
ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES
HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES
ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR
SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT
THEREFROM.


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