SLK.P Silk Road Energy

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Silk Road Energy Inc. (TSX VENTURE:SLK.P) (the "Corporation" or "Silk Road") is
pleased to announce that the TSX Venture Exchange (the "TSXV") has conditionally
accepted the previously announced proposed "Qualifying Transaction" of the
Corporation, within the meaning of Policy 2.4 of the TSXV, relating to a
proposed purchase and sale agreement to be dated on or prior to January 27,
2014, with Gold Note Resources Inc. ("Gold Note"), whereby the Corporation will
acquire certain oil production, oil and gas reserves, lands, leases and
miscellaneous interests held by Gold Note in the Bashaw, Columbia and Thornbury
areas of Alberta (the "Transaction"). The TSXV has approved the Corporation's
application for a waiver from the TSXV's sponsorship requirement pursuant to
Section 3.1(a) of Policy 2.2 of the TSXV's Corporate Finance Manual and a waiver
from the TSXV's Public Shareholders distribution requirement in Section 2.5 of
Policy 2.1. The TSXV has also approved the filing today of Silk Road's filing
statement dated December 23, 2013 (the "Filing Statement") prepared in
connection with the Transaction.


Completion of the Transaction is subject to a number of conditions, including
but not limited signing a definitive agreement in respect of the Transaction,
the TSXV's final acceptance of the Transaction and regulatory approval. Subject
to certain conditions, as more particularly described in the Filing Statement,
completion of the Transaction is anticipated to occur on or about January 27,
2014. Assuming the TSXV grants final acceptance of the Transaction, it is
anticipated that the common shares of the Corporation will be reinstated for
trading on the TSXV shortly after the TSXV issues the final approval of the
Transaction.


Further information concerning the Corporation, Gold Note and the Transaction
are contained in the Corporation's Filing Statement which is available for
review under the Corporation's SEDAR profile at www.sedar.com.


Cautionary Statements:

Certain statements contained in this press release constitute forward-looking
information within the meaning of applicable securities laws. These statements
relate to future events or future performance. The use of any of the words
"could", "intend", "expect", "believe", "will", "projected", "estimated" and
similar expressions and statements relating to matters that are not historical
facts are intended to identify forward-looking information and are based on the
Corporation's current belief or assumptions as to the outcome and timing of such
future events. Forward-looking information included in this press release
includes statements with respect to closing of the Transaction. This press
release also contains forward-looking information relating to the intention of
the parties to, among other things, complete the Transaction. Readers are
cautioned not to place undue reliance on forward-looking statements. Although
the Corporation believes in light of the experience of its officers and
directors, current conditions and expected future developments and other factors
that have been considered appropriate that the expectations reflected in this
forward-looking information are reasonable, undue reliance should not be placed
on them because the Corporation can give no assurance that they will prove to be
correct.

Various assumptions or factors are typically applied in drawing conclusions or
making the forecasts or projections set out in forward-looking information.
Those assumptions and factors are based on information currently available to
the Corporation. The material factors and assumptions include the parties to the
agreements underlying the Transaction being able to obtain the necessary
director, shareholder and regulatory approvals; entering into a definitive
agreement satisfactory to both the Corporation and Gold Note; TSXV policies not
changing; and completion of satisfactory due diligence. Risk factors that could
cause actual results or outcomes to differ materially from the results expressed
or implied by forward-looking information include, among other things:
conditions imposed by the TSXV, obligations under the Alberta Licence Liability
Rating Program, the Corporation having insufficient financial resources to
advance its business, changes in tax laws, general economic and business
conditions; and changes in the regulatory environment. Actual results and
developments may differ materially from those contemplated by these statements
depending on, among other things, the risks that the parties will not proceed
with the Transaction and associated transactions, that the ultimate terms of the
Transaction and associated transactions will differ from those that currently
are contemplated, and that the Transaction and associated transactions will not
be successfully completed for any reason (including the failure to obtain the
required approvals or clearances from regulatory authorities). The statements in
this news release are made as of the date of this release.


Completion of the Transaction is subject to a number of conditions, including
but not limited to, TSXV acceptance. There can be no assurance that the
Transaction will be completed as proposed or at all.


Investors are cautioned that, except as disclosed in the Filing Statement, any
information released or received with respect to the Transaction may not be
accurate or complete and should not be relied upon. Trading in the securities of
a capital pool company should be considered highly speculative.


The TSXV has in no way passed upon the merits of the proposed Transaction and
has neither approved nor disapproved the contents of this press release.


Neither TSXV Venture Exchange Inc. nor its Regulations Services Provided (as
that term is defined in the policies of the TSXV Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Silk Road Energy Inc.
Zul Rashid
Director
(403) 240-1821

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