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January 20, 2012

Troy Energy Corp. Announces Option Grant

Troy Energy Corp. (the "Corporation" or "Troy") announces the grant to consultants of the Corporation of an aggregate of 300,000 options to acquire common shares in the capital of Troy at a price of $0.15 for a period of five years from the date of grant. The foregoing option grant is subject to final regulatory approval.

Forward Looking Statements
Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

FOR FURTHER INFORMATION, PLEASE CONTACT:

James Owen, Troy Energy Corp.
President and Chief Executive Officer
Phone: (604) 684-9201
Fax: (604) 684-9877

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 the release.
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