Platino Energy Corp. Announces Completion of $660,000 Private Placement and Update to Corporate Presentation

Platino Energy Corp. ("Platino") (TSX VENTURE:PZE) is pleased to announce that
it has completed its previously announced non-brokered private placement
offering (the "Offering") of 550,000 common shares of the Corporation (the
"Common Shares") at a price of $1.20 per Common Share for gross proceeds of
$660,000. Subscribers for Common Shares in the Offering have agreed not to
resell their shares prior to the end of a six-month period, which expires on
November 22, 2013. The Company has also updated its corporate presentation,
which will be available on the Company's website at www.platinoenergy.com. 


About Platino Energy Corp. 

Platino is a Calgary, Alberta headquartered resource company engaged in the
exploration for, and the acquisition, development and production of hydrocarbons
in Colombia.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Platino Energy Corp.
Tyler Rimbey
Vice President, Business Development
403-262-6046

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