Ceres Capital Corp. (the "Company" or "Ceres") (TSX VENTURE: SRS) announces that Mr. Paul Moller has resigned from the Board of Directors of the Company.

About Ceres and Reliable

Ceres is an Alberta based public company listed on the TSX Venture Exchange and conducts its operations through Reliable Energy Ltd, a wholly owned subsidiary. The Company is currently focused on two core areas in the Western Canadian Sedimentary Basin. The first core area consists of an unconventional resource play in the Bakken/Three Forks formation situated on the Saskatchewan - Manitoba border. The second is a Devonian reef play in central Alberta.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Ceres Capital Corp. John Newman VP Finance & CFO 403.231.4486 403.266.2645 (FAX) jnewman@reliableenergy.ca www.reliableenergy.ca Ascenta Capital Partners Inc. Jim Glass Investor Relations 604.684.4743 ext. 225 or 866.684.4209 jim@ascentacapital.com

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