2013-03-01 15:34:42 -

Calgary, Alberta CANADA, March 01, 2013 /FSC/ -(VKY - CNSX)

Dixie Energy Trust (the "Trust") and Dixie Energy Ltd. (the "Administrator" and together with the Trust, "Dixie") are issuing this press release pursuant to the early warning requirements of applicable securities laws in Canada with respect to VisionSky Corp. ("VisionSky").

Dixie has acquired ownership and control of 16,251,280 class B shares ("Class B Shares"), 1,750,000 common share purchase warrants ("VKY Warrants") and 1,615,128 common share purchase options ("VKY Options" and together with the Class B Shares and VKY Warrants, the "VKY Securities") of VisionSky representing all of the issued and outstanding securities of VisionSky. In connection with the Arrangement (as defined below) all of the acquired VKY Options and VKY

Warrants were terminated and cancelled.

The VKY Securities were acquired in connection with the completion of a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement") among Dixie, VisionSky and its securityholders. More specifically, the Administrator acquired 16,251,280 Class B Shares in consideration for 16,251,280 common shares ("NewCo Shares") of 1720551 Alberta Ltd. ("NewCo") and the Trust acquired 14,000,000 VKY Warrants and 1,615,128 VKY Options in consideration for 1,750,000 unit purchase warrants (the "Dixie Warrants") of the Trust and 201,890 trust unit options (the "Dixie Options") of the Trust. In connection with the Arrangement all of the acquired VKY Options and VKY Warrants were terminated and cancelled. The 16,251,280 NewCo Shares held by former holders of Class B Shares were subsequently exchanged for 2,031,411 trust units ("Units") of the Trust pursuant to the Arrangement.

Dixie acquired the VKY Securities pursuant to the Arrangement and has become the sole securityholder of VisionSky. Each of the Administrator and the Trust may in the future take such actions in respect of their respective security holdings in VisionSky as it deems appropriate in light of the circumstances, including the sale of all or a portion of its holdings in privately negotiated transactions or the open market to one or more purchasers.

For additional information, or for a copy of the early warning report filed, or to be filed, by Dixie in respect of the above-noted transaction, please contact:

David Anderson
Dixie Energy Ltd.
400, 620 12th Avenue SW
Calgary, AB
T2R 0H5
Tel: (403) 266-1541
Fax: (403) 266 -8886


This release is available as a PDF. Please click on the following link to view the PDF:
www.usetdas.com/pr/visionskymar12013-2.pdf



Source: VisionSky Corporation (CNSX: VKY)
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