Claim Post Resources Inc. Announces Extension of Non-Brokered Private Placement

TORONTO, ONTARIO--(Marketwired - Sept. 11, 2015) - Claim Post Resources Inc. (TSX VENTURE:CPS) ("Claim Post" or the "Company") announces the extension of its non-brokered private placement (see June 23, 2015 Press Release).

The offering is 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.

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; (3) to complete API Testwork; and (4) for general working capital purposes.

All securities issued will be subject to a four (4) month hold period from the date of closing. The Offering is subject to the approval of the TSX Venture Exchange.

At closing of the Offering finder's fees of 7% of the proceeds may be payable in cash, and 7% finder warrants which are exercisable at the price of $0.05 per share and expire 12 months from the date of closing of the Offering.

Claim Post Resources Inc. is a Canadian based mineral exploration company and a reporting issuer in Ontario, Alberta and British Columbia. The Company is focused on becoming a leading provider of premium white silica sand proppant to oil operations in the Williston Basin (both the Canadian and U.S. sides of the Border), and to the oil and natural gas plays in the Western Canadian Sedimentary Basin from its Seymourville Frac Sand Project, located 200 km northeast of Winnipeg, Manitoba. Claim Post also has mineral claims in the Timmins area for gold and base metal exploration. There are 121,083,908 common shares of the Company currently 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.