Sillenger Exploration Corp.

Fasken Martineau helps Sillenger secure partnership exploration contract with the Republic of Benin

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Sillenger Enters Into Mineral, Hydrocarbon and Water Partnership Contract with the Government of The Republic of Benin

admin — Wed, 30 Nov 2011 21:59:29 +0000

TORONTO, Ontario – November 30, 2011 – (Marketwire) – Sillenger Exploration Corp. (“Sillenger” or the “Company”) (OTCQB: SLGX), is pleased to announce that it has entered into a partnership contract with the Government of the Republic of Benin (“Benin”) to conduct an Airborne Geophysical Survey of its landmass and Benin’s offshore territory in the Gulf of Guinea. Under the contract, Sillenger will be granted its preferential rights for mining, hydrocarbons, and water concessions, which are revealed by the survey.

Benin has a strong desire to attract foreign investment to stimulate economic growth through the development of its natural resources, and wishes to obtain a geological and geophysical database that will enable the detection of potential mineral, hydrocarbon and groundwater deposits.

“We are very honored to be in partnership with the Government of Benin to develop the Country’s natural resources, and to begin the process of building a foundation for long-term economic growth and prosperity for the people of Benin” stated Mr. John Gillespie, President and CEO of Sillenger.

The requisite permits, licenses, and documentation are being prepared to enable the Airborne Geophysical Survey to commence by January/February 2012.

The Company also reports that Mr. Michel Ghostine, Sillenger’s African representative has resigned from his position as Executive Vice-President of the Company. However, Mr. Ghostine will remain a Director of Sillenger.

Mr. Ghostine has been appointed President and CEO of First African Exploration Corp, Sillenger’s exclusive representative for Africa and the Middle East, due to his knowledge, experience, and relationships in Africa, and to ensure the successful execution of the partnership contract with the Government of the Republic of Benin.

About the Republic of Benin

The Republic of Benin, with a population of 9 million, is located in West Africa, and is one of Africa’s most stable and democratic nations. Benin shares its border to the east with Nigeria, Africa’s leading crude oil exporter; to the west with Togo, the world’s fourth-largest phosphate producer; to the north with Niger, the world’s sixth-largest producer of uranium; and to the northwest with Burkina Faso, a country with many active exploration and development projects in its rapidly emerging mining sector.

About Sillenger Exploration Corp.

Sillenger is a natural resource development company dedicated to bringing a progressive, creative and proprietary approach to natural resource exploration. Sillenger works in partnership with governments of developing nations to help attract foreign capital investment to stimulate economic growth through the development of their natural resources sectors.

The Sillenger CLP Claims Licensing Program® is a turnkey process used in partnership with Governments to improve the way their natural resources are managed. Sillenger’s Government partners provide a “fast-track” to expediting all necessary permits, licenses, legal, and other bureaucratic documentation and procedures that exploration and extraction companies would require in order to begin their work programs in these countries.

Forward-Looking Statements

Information in this press release may contain ‘forward-looking statements’ Statements describing objectives or goals or Sillenger Exploration Corp.’s future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of Sillenger Exploration Corp. and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the ‘Safe Harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995.

Contact:

Sillenger Exploration Corp
Email: info@sillenger.com
Website: www.sillenger.com

Sillenger Highlights Vast Resource Potential of its MOU with Benin

admin — Mon, 10 Oct 2011 17:00:30 +0000

TORONTO, Ontario – October 10, 2011 – (Marketwire) Sillenger Exploration Corp. (“Sillenger”) (OTCQB: SLGX). Further to the September 19, 2011 announcement of the Memorandum of Understanding (“MOU”) to form a partnership with the Government of the Republic of Benin, Sillenger is looking forward to helping the Republic of Benin attract foreign capital investment to unlock its natural resources wealth.

“Sillenger is very excited that Benin represents a true “greenfields” opportunity in a resource-rich environment. For resource investors, there are tremendous benefits that come from being an early entrant into a new jurisdiction.” stated Mr. John Gillespie, President of Sillenger. “Our partnership strategy is ideally suited for countries such as Benin, as we become the prospect generator for almost every opportunity that our work uncovers, regardless of the type of resource. Sillenger can play an important role in laying the foundation for economic prosperity for the people of Benin.“

Situated on the oil-rich Gulf of Guinea next to Africa’s leading oil producer, Nigeria, Benin offers tremendous potential for oil and gas exploration. Oil was first discovered in Benin in the 1960’s, and the Seme oil field produced 23 million barrels between 1985 and 1999, before being shut down due to declining oil prices. The Seme field has reserves of 115 million barrels and the field produced between 1500-2000 barrels per day. It is estimated that Benin has potential reserves of 5 billion barrels of oil, which represents $400 Billion at today’s prices.

Preliminary examination of Benin’s mining industry research suggests there is mineral potential for iron-ore, gold, limestone, marble, and agro-minerals such as phosphates. There is no history of significant mining activity in Benin, with the exception of limestone for the cement industry. Most West African countries along the Gulf of Guinea coast share a common geology. Ghana is the region’s leading gold producer, and Burkina Faso has attracted significant gold exploration activity, largely due to the implementation of economic policies centered on mining. Many of the known mineral-bearing geological structures appear to span across several borders.

About Sillenger Exploration Corp.

Sillenger is a natural resource development company dedicated to bringing a progressive, creative and proprietary approach to natural resource exploration.

Forward-Looking Statements

Information in this press release may contain ‘forward-looking statements.’ Statements describing objectives or goals or Sillenger future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of Sillenger and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the ‘Safe Harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995.

Contact:

Sillenger Exploration Corp
Email: info@sillenger.com
Website: www.sillenger.com

Sillenger Enters into Memorandum of Understanding with the Republic of Benin

admin — Mon, 19 Sep 2011 17:28:28 +0000

TORONTO, Ontario – September 19, 2011 – (Marketwire) – Sillenger Exploration Corp. (“Sillenger”) (OTCQB: SLGX), is pleased to report that it has entered into a Memorandum of Understanding (“MOU”) to form a partnership with the Government of the Republic of Benin, which has a strong desire to drive its economic growth by developing its mining and oil industries.

The Republic of Benin, with a population of 9 million, is located in West Africa, and is one of Africa’s most stable and democratic nations. Benin shares a border to the east with Nigeria, Africa’s leading crude oil exporter; with Togo to the west, the world’s fourth-largest phosphate producer; on the north with Niger, the world’s sixth-largest producer of uranium; and on the northwest by Burkina Faso, a country with many active exploration and development projects in a rapidly emerging mining sector.

“This MOU is yet another endorsement of the Sillenger partnership model as a catalyst for governments to attract foreign investment to help unlock their natural resource wealth, promote private sector growth, and establish the foundations for sustainable economic prosperity.” stated Mr. John Gillespie, President of Sillenger.

About Sillenger Exploration Corp.

Sillenger is a natural resource development company dedicated to bringing a progressive, creative and proprietary approach to natural resource exploration.

Forward-Looking Statements

Contact:

Sillenger Exploration Corp
Email: info@sillenger.com
Website: www.sillenger.com

Sillenger Completes Divestiture of Equatorial Guinea Contract in Exchange for Equity Interest

admin — Wed, 13 Jul 2011 15:16:11 +0000

TORONTO, Ontario – July 13, 2011 – (Marketwire) – Sillenger Exploration Corp. (“Sillenger”) (OTCQB:SLGX), is pleased to announce that it has completed an agreement (the “Brilliant/Ivory Agreement”) with Brilliant Mining Corp. (“Brilliant”) (TSXV:BLT) and its subsidiary, Ivory Resources Inc. (“Ivory”), pursuant to which Sillenger received CDN$2 million worth of securities of Brilliant in exchange for the release of Sillenger’s rights in a contract with the government of the Republic of Equatorial Guinea (the “EG Agreement”).

Sillenger originally received an assignment of the EG Agreement from FCMI Global Inc. (“FCMI”) in June 2010. The EG Agreement provides that FCMI will fly an aerial survey over certain parts of Equatorial Guinea in exchange for certain concessions to exploit the natural resources discovered as a result of such aerial survey. Pursuant to the Brilliant/Ivory Agreement, Ivory, or its designee, acquired all of the outstanding shares of FCMI and a release from Sillenger of its rights in the EG Agreement in exchange for the issuance to Sillenger of 7,407,407 units of Brilliant (the “Units”) at a deemed issue price of $0.27 CDN per Unit for an aggregate value of $2,000,000 CDN. Each Unit consists of one Common Share of Brilliant and one Common Share purchase warrant, which entitles the holder to acquire one (1) Common Share of Brilliant at an exercise price of $0.45 CDN for a period of two (2) years from the date of issuance. The Units are subject to a standard four (4) month hold period. On May 11, 2011, Brilliant also announced the completion of a private placement at $0.27 per Unit for gross proceeds of $23,000,000.

“This transaction is an endorsement of our business model as a catalyst for governments to attract foreign investment to help unlock their natural resource wealth, promote private sector growth, and establish the foundations for sustainable economic prosperity.” stated Mr. John Gillespie, President of Sillenger. “The Brilliant Units represent Sillenger’s ongoing carried interest in the Equatorial Guinea project, and are a tangible asset that could potentially add significant future value for Sillenger shareholders”

About Sillenger Exploration Corp.

Sillenger is a natural resource development company dedicated to bringing a progressive, creative and proprietary approach to natural resource exploration.