ClearFrame Solutions Corp.
tsx : CFA

June 11, 2012 09:21 ET

ClearFrame Solutions Corp. : Private Placement Financing

VANCOUVER, BC--(Marketwire - Jun 11, 2012) -

June 11, 2012

ClearFrame Solutions Corp. (the "Company") is pleased to announce that it has agreed to a non-brokered placement of up to $300,000 of its securities consisting of the sale of up to 2,000,000 common shares (the "Shares") in its capital stock at a price of $0.15 per Share. Finder's fees or commissions in cash and/or securities may be payable with respect to the private placement.

The proceeds of the placement will be used for the acquisition of mineral resource properties, exploration expenditures and general working capital.

The private placement is subject to acceptance for filing by the NEX Board of the TSX Venture Exchange.

The Company also advises that it did not proceed with the private placement on similar terms previously announced by the Company on February 22, 2012.


per: "Jeremy Ford"
President and CEO

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: ClearFrame Solutions Corp. via Thomson Reuters ONE [HUG#1618597]

Contact Information

    1050 - 409 Granville Street
    Vancouver, BC V6C 1T2
    Telephone: (604) 644-4488