PetroShale Announces Resignation of Director


CHATHAM, ONTARIO--(Marketwire - Nov. 9, 2012) - PetroShale Inc. ("PetroShale" or the "Company") (TSX VENTURE:PSH) would like to announce that Mr. Daniel M. Jarvie has resigned as a director of the Company. We wish to thank Mr. Jarvie for his efforts and wish him well in his future endeavours. Mr. Jarvie will continue to work with PetroShale as a technical consultant.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

PetroShale Inc.
James Fair
President and Chief Executive Officer
fairjd@sbcglobal.net

PetroShale (US), Inc.
John Fair
President
john@petroshaleinc.com
www.petroshaleinc.com

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