Bearclaw Capital Corp. (TSX VENTURE: BRL)(FRANKFURT: 5BQ) announces that, as a result of the constraints imposed on the mining industry by the current economic downturn, Christian de Saint-Rome has resigned as a director and as President and CEO of the company, and Emilien Seguin has resigned as a director. Jock Ross, the company's former President and CEO, has re-assumed those roles, and the company has re-located its office to Vancouver.

The board of directors would like to thank Mr. de Saint-Rome and Mr. Seguin for their efforts and wishes both of them success with their future endeavours.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Bearclaw Capital Corp John B. Ross 604-263-5147

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