Realm Energy Announces Closing of Private Placement

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES


Realm Energy International Corporation ("Realm Energy" or the "Company") (TSX
VENTURE:RLM) (www.realmenergy.ca) is pleased to announce that on December 10,
2010, it closed the non-brokered private placement announced on November 22,
2010 (the "Private Placement"). The Private Placement consisted of the sale of
20,000,000 units at a price of $0.75 per unit for gross proceeds of CDN $15
million. Each of the units comprises one common share of the Company and one
transferable common share purchase warrant, with each warrant being exercisable
to acquire one further common share of the Company at an exercise price of CDN
$1.00 per common share. Warrants issued in connection with the Private Placement
can be exercised until December 10, 2012. In connection with the Private
Placement, the Company paid finders' fees of $439,350 in cash and issued 800,000
finders units to Peninsula Merchant Syndications Corporation, Paradigm Capital
Inc., and Canaccord Genuity Corp., all of which acted as strategic advisor to
the Company. BMO Nesbitt Burns also received 176,333 finders units.


The Private Placement remains subject to final acceptance by the TSX Venture
Exchange. The common shares and warrants issued in the Private Placement will be
restricted from trading for a period of four months from the date of issuance,
in compliance with TSX Venture Exchange policies and applicable securities laws.


Operations

Realm Energy has acquired oil and gas exploration concessions in Poland and
Germany, and is actively pursuing oil and gas exploration rights in a choice of
organically rich shale plays in other European countries. Additionally, the
Company is involved in varying stages of joint venture negotiations through
which to undertake exploration programs on Realm Energy's developing portfolio
of European shale plays. For more information, please visit Realm Energy's
website at www.realmenergy.ca. 


REALM ENERGY INTERNATIONAL CORPORATION

Craig Steinke, Chairman & CEO

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release
includes certain "forward-looking statements" within the meaning of applicable
Canadian provincial securities legislation. Forward-looking statements include,
but are not limited to statements with respect to the proposed use of the net
proceeds of the Private Placement (as defined above). Forward-looking statements
are necessarily based upon estimates and assumptions that, while considered by
the Company's management to be reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause the actual results and
future events to differ materially from those expressed or implied by such
forward-looking statements. Such factors include, but are not limited to:
general business, economic, competitive, political and social uncertainties; or
delay or failure to receive regulatory approvals. There can be no assurance that
such statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements. The
Company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by law or the policies of the TSX
Venture Exchange.


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.


THE SECURITIES TO BE ISSUED UNDER THE PRIVATE PLACEMENT HAVE NOT BEEN REGISTERED
UNDER THE UNITED STATES SECURITIES ACT OF 1933 (AS AMENDED) OR ANY STATE
SECURITIES LAWS, AND UNLESS SO REGISTERED MAY NOT BE OFFERED OR SOLD IN THE
UNITED STATES OR TO U.S. PERSONS EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A
TRANSACTION SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE UNITED STATES
SECURITIES ACT OF 1933 AND APPLICABLE STATE SECURITIES LAWS. THIS PRESS RELEASE
IS ISSUED PURSUANT TO RULE 135(C) OF THE UNITED STATES SECURITIES ACT OF 1933
(AS AMENDED), AND DOES NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF
AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF SECURITIES OF THE COMPANY IN ANY
JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR
TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH
JURISDICTION.

Realm Energy International Cp (TSXV:RLM)
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