TRUECLAIM EXPLORATION INC. (the “Company”) today announces that it has entered into agreements with two of its directors pursuant to which the Company has agreed to settle debt in the aggregate amount of $190,000 owing to such directors in exchange for the issuance of an aggregate of 3,800,000 common shares of the Company to such directors at a deemed price of $0.05 per share. The proposed debt settlement is subject to the approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS OF
TRUECLAIM EXPLORATION INC.
Per: “Byron Coulthard”
President & CEO
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.