Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 06/2012 |  | Blair Munn | MF | |||
| 09/2011 | | Robbie Winters | FW |  | UMF Grindavík | Grindavík |
| 08/2011 | | Steve Howarth | FW |  | Motherwell FC | Motherwell |
| 08/2011 | | Alan Combe | GK-CO |  | Greenock Morton FC | Morton |
| 07/2011 | | Scott Bain | GK | |||
| 07/2011 | | Craig McDowall | GK |  | Livingston FC | Livingston |
| 07/2011 | | Michael Doyle | DF |  | Stirling Albion FC | Stirling Albion |
| 07/2011 | | Ben Gordon | DF |  | Dumbarton FC | Dumbarton FC |
| 07/2011 | | Mark Docherty | MF |  | Annan Athletic | Annan Athletic |
| 07/2011 | | Graeme Holmes | MF | | Greenock Morton FC | Morton |
| 07/2011 | | Nicholas Locke | MF | |||
| 07/2011 | | Ryan McCord | MF |  | Airdrieonians FC | Airdrieonians |
| 07/2011 | | Darren Young | MF | |||
| 07/2011 | | Kevin Cawley | FW |  | East Stirlingshire FC | East Stirling |
| 07/2011 |  | Armand One | FW |  | Stranraer FC | Stranraer FC |
| 07/2011 | | Max Wright | FW |  | Rangers FC U19 | U19 |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 10/2011 | | Steve Howarth | FW | | Motherwell FC | Motherwell |
| 07/2011 | | Jamie Ewings | GK | | Dumbarton FC | Dumbarton FC |
| 07/2011 |  | James Bloom | DF |  | Gloucester City | Gloucester City |
| 07/2011 | | Mick Dunlop | DF |  | Brechin City FC | Brechin City FC |
| 07/2011 | | David McClune | MF | | Brechin City FC | Brechin City FC |
| 07/2011 | | Michael Valentine McGowan | MF |  | Ayr United | Ayr United |
| 07/2011 | | Kevin Motion | MF |  | Forfar Athletic | Forfar Athletic |
| 07/2011 | | Darren Smith | MF |  | East Fife FC | East Fife |
| 07/2011 | | Jim Lister | FW | | Brechin City FC | Brechin City FC |
| 07/2011 | | Andy Scott | FW |  | Albion Rovers | Albion Rovers |