Brownstone Energy Inc. (TSX VENTURE:BWN)(OTCQX:BWSOF) ("Brownstone" or the
"Company") today announces that it has refiled on SEDAR a revised Auditors'
Report, together with its annual consolidated financial statements for the year
ended June 30, 2012, to correct clerical errors in the Report. The original
Report incorrectly referred to December 31, 2011 and 2010 year ends and a
January 1, 2010 opening financial position in the opinion paragraph of the
Report, instead of June 30, 2012 and 2011 year ends and a July 1, 2010 opening
financial position. All other information contained in the original consolidated
financial statements remains unchanged.


About Brownstone 

Brownstone Energy Inc. is a Canadian-based, energy focused company with direct
interests in oil and gas exploration projects, including varying interests in
three off-shore Israel concessions and in four Colombian blocks in the Llanos
basin, as well as other oil and gas interests worldwide. By owning and managing
a diversified portfolio of energy-based projects, Brownstone provides
shareholders with a unique energy investment alternative. For additional
information, please see Brownstone's website: www.brownstoneenergy.com.


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