Claim Post Resources Inc. Announces Non-Brokered Private Placement

TORONTO, ONTARIO--(Marketwired - Feb. 26, 2015) - Claim Post Resources Inc. (TSX VENTURE:CPS) ("Claim Post" or the "Company") is pleased to announce that it intends to complete a new non-brokered private placement offering (the "Offering") of a combination of up to 40,000,000 common shares (the "Common Shares"), and flow-through common shares (the "Flow-Through Shares"), with each flow-through share to be issued as a "flow-through common share" under the provisions of the Income Tax Act (Canada). The Common Shares will be offered at a price of $0.05 per share and the Flow-Through Shares will be offered at a price of $0.06 per share. The aggregate gross proceeds of the Offering are up to $2,000,000.

The Offering will be conducted by the Company utilizing the "existing shareholder exemption" as described in Multilateral CSA Notice 45-313 - Prospectus Exemption for Distributions to Existing Security Holders (the "Existing Shareholder Exemption"), as well as exemptions under the "accredited investor" exemption of National Instrument 45-106 - Prospectus and Registration Exemptions ("NI 45-106"), and also other applicable exemptions available to the Company.

Claim Post will make the offering available to all shareholders of the Company as at February 2nd, 2015 (the "Record Date") who are eligible to participate under the Existing Shareholder Exemption and who will have notified the Company by no later than 4:30 PM (Eastern time) on March 30th, 2015 of their intention to participate in the Offering. Orders will be processed by the Company on a first come, first served basis such that it is possible that a subscription received from a shareholder may not be accepted by the Company if the Offering is over subscribed. Any person who becomes a shareholder of Claim Post after the Record Date shall not be entitled to participate in the Offering under the Existing Shareholder Exemption.

The proceeds received from the Offering will be used (1) to carry out a minimum 2,000 meter drilling program towards updating a resource estimation of the "Seymourville Frac Sand Project" in accordance with NI 43-101 rules; (2) to complete design work for a Processing Facility; (4) to complete API Testwork; and (5) for general working capital purposes.