Sheltered Oak Resources Corp. Grants Stock Options

Sheltered Oak Resources Corp. ("OAK" or the "Company") (TSX VENTURE:OAK)
announces that on May 26, 2011 it granted stock options to directors and
officers of OAK to purchase in the aggregate up to 2,705,000 common shares
("Common Shares") in the capital of OAK at an exercise price of $0.11 per Common
Share. The stock options will expire on May 26, 2016. The options were granted
pursuant to OAK's incentive stock option plan, under which a maximum of 10% of
the issued and outstanding Common Shares are reserved for issuance. The vesting
period is 1/3 immediately, 1/3 after 6 months and 1/3 after 12 months.


On May 30, 2011 the Company also granted stock options to J.J. Elkin to purchase
in the aggregate up to 1,750,000 Common Shares in the capital of OAK at an
exercise price of $0.13 per Common Share as part remuneration for his continued
services as President and Chief Executive Officer through Richbert Agencies S.A.
The vesting period is 1/3 immediately, 1/3 after 6 months and 1/3 after 12
months.


The current number of issued and outstanding Common Shares is 95,049,234.

ABOUT SHELTERED OAK RESOURCES CORP.

Sheltered Oak Resources Corp. is focused on mineral exploration opportunities in
northeastern Ontario and owns a 100% interest in 26 mining claims, one mining
claim under option and one mining lease which comprise the Kerrs gold property
located approximately 90 kilometres east-northeast of Timmins and 70 kilometres
north of Kirkland Lake.

Sheltered Oak Resources Corp. (TSXV:OAK)
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