TORONTO, ONTARIO--(Marketwired - Aug. 27, 2013) - Claim Post Resources Inc. (TSX VENTURE:CPS) (the "Company") announces that it has extended its non-brokered private placement offering (the "Offering"), previously announced on July 29, 2013. The Company anticipates that it will close the first tranche of the Offering shortly.
The Company also wishes to correct the option references in its press release of July 29, 2013. The press release incorrectly stated that there were 4,550,000 stock options outstanding. The correct number of options outstanding is 4,050,000.
Claim Post Resources Inc. is a Canadian based mineral exploration company that is transitioning from gold and base metal exploration into now becoming a frac sand supplier to Canadian oil and gas industry. Claim Post is a reporting issuer in Ontario, Alberta and British Columbia. The Company now has a 100% ownership right in 428 hectares of quarry sand leases and an option to purchase 100% in the adjoining 306 hectares near Seymourville, Manitoba. The Company intends to develop the "Seymourville Frac Sand Project" as a source of fracking sand for the oil and gas industry in Western Canada. Claim Post also has mineral claims in the Timmins area for gold and base metal exploration. There are 49,288,831 common shares of the Company issued and outstanding.
Statements in this release that are forward-looking reflect the Company's current views and expectations with respect to its performance, business, and future events. Such statements are subject to various risks and assumptions, some, but not necessarily all, are disclosed elsewhere in the Company's periodic filings with Canadian securities regulators. Such statements and information contained herein represent management's best judgment as of the date hereof based on the information currently available; however actual results and events may vary significantly. The Company does not assume the obligation to update any forward-looking statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.