ESR Esrey Resources Ltd

ERA Carbon Offsets Ltd. ("ERA" or the "Company") (TSX VENTURE:ESR) is pleased to
announce that it has retained the services of the Ubika Corporation, based in
Toronto, Ontario, to undertake a comprehensive research, communications and
capital markets exposure program for the company. Ubika will utilize its network
of brokers, retail advisors, analysts and investors to increase the profile and
knowledge of the Company within the investment community. Additionally, Ubika
will draft a full research report on the Company which will be made publicly
available upon completion. Vikas Ranjan, the co-founder and principal of Ubika
Corporation will be the person providing investor exposure and other services to
the Company. Mr. Ranjan and Ubika Corporation have been engaged in providing
investor exposure services for the last 5 years to a variety of publically
traded Canadian companies.


Ubika's engagement will extend for a period of 6 months, commencing in the first
quarter of 2013. The engagement will be subject to automatic renewals following
its term expiry date six months from commencement, unless ERA or Ubika elects to
terminate the engagement, providing the other party with at least 30 days of
advance notice. 


As consideration for Ubika's services, ERA will pay a monthly fee of $6,500 (for
a total of $39,000 over six months) and will grant to Ubika stock options to
acquire up to 150,000 common shares of the Company. 75,000 options were granted
upon signing of the engagement letter, which will have an exercise price of
$0.21 per share for a period of 5 years. An additional 75,000 options will be
granted on or before March 30, 2013, at an exercise price determined by ERA's
most recent closing share price at the time of issuing those options. Ubika is
at arm's length to the Company and holds no other securities of the Company.


The Company also wishes to announce that it has granted, to Directors, officers,
employees and consultants, a total of 1,400,000 incentive stock options at an
exercise price of $0.21 exercisable for a period of five (5) years. The Company
announced on November 8, 2012 that it had set aside these options to be granted
in the future.


Dr. James Tansey, CEO of ERA states, "We are pleased to be working with the team
at Ubika, and look forward to building our relationships with the investment
community across North America. We believe the story of ERA and the business
opportunity will resonate with investors and capital markets alike, and we
expect Ubika will help us deliver that message effectively."


James Tansey, Ph.D., President and CEO

ERA Carbon Offsets Ltd.

About Ubika Corporation

Ubika Research and Ubika Communications offer comprehensive research,
communication and capital market exposure programs to highlight investment
potential in promising small cap market companies. Based in Toronto, Ubika has a
proven track record of identifying and launching coverage of high potential
small cap stocks at an early stage, by undertaking comprehensive research of the
company at the outset, and directing it to appropriate actors within the capital
markets and investment community. Additionally, Ubika hosts an online portal for
companies profiled at www.smallcappower.com.


About ERA Carbon Offsets Ltd.

As Canada's largest and most diversified carbon management solutions company,
ERA Carbon Offsets Ltd. helps organizations understand, reduce and offset their
climate impact. Its team of industry leaders specializes in the origination,
development and commercialization of high-quality carbon offset projects and is
proud to also provide clients with a comprehensive offering of sustainability
consultancy services. A merger of ERA Carbon Offsets and Offsetters, ERA Carbon
Offsets Ltd. is based in Vancouver, Canada and has worked with over 150 of the
world's most prestigious organizations including Aimia, Vancity, lululemon
athletica, Catalyst Paper, Harbour Air, HSE - Entega, and Shell Canada Limited.
ERA is publicly listed company on the Toronto Venture Exchange (TSX VENTURE:ESR)
and in Frankfurt:9EA. For more information, please visit us at
www.eraecosystems.com and www.offsetters.ca. 


FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements as
well as historical information. Forward-looking statements include, but are not
limited to, the continued advancement of the company's general business
development, research development and the company's development of forest-based
carbon offsets. When used in this document, the words "anticipate", "believe",
"estimate", "expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although ERA Carbon Offsets
Ltd. believes that their expectations reflected in these forward looking
statements are reasonable, such statements involve risks and uncertainties and
no assurance can be given that actual results will be consistent with these
forward-looking statements. Important factors that could cause actual results to
differ from these forward-looking statements include fluctuations in the
marketplace for the sale of carbon credits, the inability to implement corporate
strategies, the ability to obtain financing and other risks disclosed in our
filings made with Canadian Securities Regulators.


FOR FURTHER INFORMATION PLEASE CONTACT: 
ERA Carbon Offsets Ltd.
David Rokoss
604-973-6512
david.rokoss@eraecosystems.com
www.eraecosystems.com / www.offsetters.ca

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