Notice of AGM

22 August 2014

Sefton Resources, Inc.

("Sefton" or the "Company")

Notice of Annual General Meeting and

Update on Refinancing and Trading

Annual General Meeting

The Board of Directors of Sefton (the "Board") wishes to advise shareholders that a Notice of the Annual General Meeting of Shareholders ("AGM"), together with associated proxy materials, has been posted on the Company's website, www.seftonresources.com , and will be mailed to shareholders today. The AGM will be held at 3.30pm on 17 September 2014 at the offices of Chantrey Vellacott, Russell Square House, 10-12 Russell Square, London WC1B 5LF.

Refinancing

The Company has been advised that Hawker Energy LLC ("Hawker") has signed a non-binding term sheet for refinancing of the loan from Bank of the West to TEG USA (the "Loan"). The Loan currently has an outstanding balance of approximately $4.0 million and is secured on the assets of TEG USA, as well as a guarantee from Sefton and certain subsidiaries. On successful completion of the refinancing of the Loan, the guarantee from Sefton and subsidiaries will terminate, and the transaction outlined in the announcement of 30 June 2014 will be completed. As the financing requires due diligence by the new finance provider, it is unlikely to close before the AGM has occurred, thus an additional forbearance payment to the bank will be required by 31 August 2014. Hawker is expected to fund the forbearance payment of $120,000 plus interest under the terms of the Subordinated Loan.

Trading Update - General

Interim financial statements for the six month period ended 30 June 2014 were announced today at 7 a.m. and are expected to be posted on the Sefton website shortly.

The Board has, with immediate effect, cancelled 17,999,000 expired, unvested Share Options as at 30 June 2014.

Trading Update - Kansas

TEG MidContinent Inc., the Company's wholly owned subsidiary, has 60 well bores in Leavenworth and Jefferson Counties, Kansas, of which 7 are currently in production and 10 are awaiting maintenance and workovers to get back into production. Average production has been declining due to the deferral of maintenance as a result of Sefton's recent cashflow difficulties. Current production revenues meet day to day operating needs but do not provide capital to fund repairs, maintenance and to acquire low cost, easy to achieve production increases.

Under consideration is a proposal to finance a recompletion program that would add new production from up to 10 of the 53 well bores not in production. The proposed financing remains at an early stage. The financing, through a special purpose funding vehicle, would be directed entirely to specified wells in return for a high percentage of production from those wells until amortization, followed a lower percentage of production for a defined period. The proposed financing would be non-dilutive to shareholders. As TEG MidContinent is a party to the Loan, the proposed financing is not expected to close until the Loan is refinanced.

For further information please visit www.seftonresources.comor contact: