ShaMaran Petroleum Corp. has received conditional approved for trading of its common shares on the First North list of the NASDAQ OMX Stock Exchange. The conditional approval becomes effective when ensured that the First North's requirement for a sufficient number of shareholders is met. The Company's common shares are expected to commence trading on First North at the market opening on June 22, 2011 under the symbol 'SNM'. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "SNM". A company description has been prepared in accordance with the First North rules and made available on the Company's website.

E. Ohman J:or Fondkommission AB has been engaged as the Company's financial advisor in conjunction with the secondary listing and is Shamaran's Certified Advisor on First North.

Mr. Pradeep Kabra, President and CEO, commented,"We are very excited about the opportunity to trade on First North. We look forward to welcoming many new shareholders when trading commences. A listing on First North will complement our existing listing on the TSX Venture Exchange in Canada and add liquidity and depth of distribution."

Tags: ShaMaran Petroleum Corp