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Shoreline Energy Corp.

09:50 AM EST - Shoreline Energy Corp. : announced that it has entered into a Forbearance Agreement with its senior secured lender, Alberta Treasury Branches. Subject to completion of similar arrangements with its other secured lenders which are currently under negotiation, the Forbearance provides Shoreline with continued access to the credit facility and restrictive covenants have been waived during the period of the Forbearance as to allow Shoreline's previously announced strategic alternatives process, which is coordinated by its advisor, RBC Capital Markets, to continue. Shoreline Energy Corp. shares T.SEQ are trading unchanged at $1.22.