TORONTO, ONTARIO--(Marketwired - July 3, 2013) - Claim Post Resources Inc. (TSX VENTURE:CPS) (the "Company") is pleased to announce that it intends to complete a new non-brokered private placement offering (the "Offering") of up 24,000,000 common shares (the "Common Shares") at a price of $0.05 per Common Share for a gross proceeds of up to $1,200,000.

The proceeds received from the Offering will be used (1) to carry out a minimum 1,000 meter drilling program towards completing a resource estimation of the "Seymourville Frac Sand Project" in accordance with NI 43-101 rules; (2) to complete a scoping study on the project (Preliminary Economic Assessment); which will give Claim Post the ability to test market forward selling frac sand and (3) for general working capital purposes.

All Shares 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 fees of 7% of the proceeds may be payable in cash, and 7% finder warrants which are exercisable at the price of $0.10 per share and expiring 36 months from the date of closing of the Offering.

The main driver for the very rapid, steadily increasing demand of frac sand is the United States focus on becoming self-sufficient in energy (6 million barrels new oil per day) by the year 2020 plus the reduction of green house gases. The demand has been generated by the technology breakthrough of horizontal drilling combined with multiple fracking. President Obama's climate plan will accelerate natural gas (NG) usage as well. NG is targeted to replace coal (50% less CO2 and no mercury) in electrical power generating plants plus there is now the drive to covert trains and highway trucks from diesel to NG.

Natural sand is the least expensive proppant used in fracking. The demand for natural frac sand continues to grow and is now 90% of the market. The US mined and processed 31 million tons of frac sand in 2012 to produce about 2 million barrels of new shale oil. (USGS and 2nd annual Frac Sand Conference Houston and Hart Energy Graph DUG Conference Calgary 2013) The 2020 target of energy self sufficiency requires about 6 million barrels of new oil per day (DUG Conference Calgary 2013) thus requiring 3 times the amount of frac sand or ~90 million tons. The demand for NG continues to grow thus frac sand demand could even be higher by 2020.

The Canadian frac sand market is growing at the same rate. Saskatchewan and Alberta added 200,000 barrels of new light and medium crude oil per day in 2012 requiring about 2.8 million tonnes of frac sand. The political will to build NG pipelines and major LNG export plants in British Columbia is increasing; NG drilling will substantially increase the demand for frac sand. Canada's 4 frac sand mines produced less than 2 million tonnes of sand in 2012; the remainder is imported by rail from the US.

The largest cost component for frac sand is transportation. Talisman Energy at the 2013 DUG Conference in Calgary presented a logistics slide for the Winn Bay Mine at Hanson Lake, Saskatchewan. The frac sand is hauled 98 km by truck to Flin Flon, Manitoba, railed 2,025 km by CN to Chetwynd, British Columbia and trucked 120 km to the well. The premium white sand from Winn Bay is 1350 km closer than the next closest supply; Talisman saving per well ~ $150,000. Seymourville will have similar logistics and savings for any oil company serviced by CN, CPR or the Warren Buffet owned BNSF railroad.

Charles Gryba, CEO of Claim Post Resources, stated: "We recognized 18 months ago that there was a growing market for frac sand and that Claim Post could transition to becoming an 'Oil Service Company' rather than just being an exploration company. Timmins mines have used 100 million tons of natural sand for mine backfill thus it was an easy transition to evaluate mining and processing frac sand. Similarly, the First Nation people that live near the proposed "Seymourville Frac Sand Project" have extensive experience as they worked at mining and processing Black Island silica sand; started in 1928 and closed in 2004. Others in the local communities have current permitting experience as well as active mining careers. This financing is the first step in funding the Seymourville Frac Sand Project."

Claim Post Resources Inc. is a Canadian based mineral exploration company that is transitioning from gold and base metal exploration into now becoming a frac sand supplier to Canadian oil and gas industry. Claim Post is a reporting issuer in Ontario, Alberta and British Columbia. The Company now has a 100% ownership right in 428 hectares of quarry sand leases and an option to purchase 100% in the adjoining 306 hectares near Seymourville, Manitoba. The Company intends to develop the "Seymourville Frac Sand Project" as a source of fracking sand for the oil and gas industry in Western Canada. Claim Post also has mineral claims in the Timmins area for gold and base metal exploration. There are 48,288,831 common shares of the Company 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.

Contact Information:

Claim Post Resources Inc.
Charles Gryba
President and Director

Claim Post Resources Inc.
Peter Gryba
Corporate Affairs