Vancouver, British Columbia, Canada/January 14, 2013/ ‐‐ Silverpoint Equity Ltd. (“Silverpoint”) announces that on January 11, 2013, the company acquired 500,000 common shares (“Common Shares”) of Trueclaim Exploration Inc. (“TRM”). The acquisition was completed through the open market at a purchase price of $0.085 per Common Share. Following completion of the transaction, including previous holdings, Silverpoint directly controls 10,500,000 Common Shares of TRM representing 10.53% of the issued and outstanding Common Shares of TRM.
This transaction was made for investment purposes and Silverpoint may increase or decrease their investment in TRM depending on market conditions or any other relevant factor in accordance with the provisions of applicable securities laws.
This press release is filed pursuant to the early warning reporting requirement of applicable securities laws of Canada, which also require a report to be filed on SEDAR containing additional information with respect to the foregoing transaction. An early warning report in respect of the above transaction may be viewed on SEDAR at www.sedar.com.
Silverpoint Equity Ltd.