SIMBA GRANTS STOCK OPTIONS

Vancouver, BC, Canada – July 12, 2012  – Simba Energy Inc. (the “Company”) announces that it has granted under its stock option plan, which is subject to the acceptance of the TSX Venture Exchange,stock options to its directors, officers, and consultants, for the purchase of 4,500,000 common shares of the Company for a period of five years at a price of $0.13 per share.

ON BEHALF OF THE BOARD

"Robert Dinning", President & CEO

For further information, contact Robert Dinning, President and CEO of the Company at: rdinning@simbaenergy.ca Telephone: 604-641-4450 Facsimile: (855) 557 4622