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Claim Post Resources Acquires Manitoba Frac Sand Deposit

Claim Post Resources Inc. (CPS.V) has acquired 100% of the Seymourville Silica Sand Deposit in Manitoba by making the final payment in the amount of $150,000 to Char Crete Ltd, the company announced today.

Claim Post Resources is also continuing its $3,500,000 financing as stated in Press Release dated February 21, 2013.

The proceeds from the Offering to date have been used to fund the acquisition of a silica sand quarry project located near Seymourville, 200km NE of Winnipeg.

Ongoing financing will be used (1) to carry out a 3,000 meter drilling program towards completing resource estimation in accordance with NI 43-101 regulations; (2) to complete a marketing study and a scoping study on the project (Preliminary Economic Assessment); and (3) for general working capital purposes.

Claim Post is near a yr low.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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