Claim Post Resources Inc. Update

Claim Post Resources Inc. (TSX VENTURE:CPS) (the "Company" or "Claim Post") is
pleased to announce that it has received regulatory approval for the previously
announced deal to purchase 9 quarry leases from Gossan Resources Limited
("Gossan") and has issued 1,000,000 common shares to Gossan as the first payment
of the purchase price. See July 3rd, 2013 Claim Post Press Release for details
of the Gossan Agreement. 


The Gossan leases immediately adjoin the 9 Char Crete Limited ("Char Crete")
leases that Claim Post purchased with a series of cash payments between August
7th 2012 and April 16th, 2013. The combined property now covers 734 hectares or
2.5 square miles and is accessible by paved highway 200km north east of
Winnipeg, Manitoba. A portion of the Gossan leases have been drilled extensively
outlining a silica sand deposit averaging 10.1m thick, over up to a 500m width
by 1,500m length and is open in most directions. API test-work on the Gossan
sand shows that it is suitable for making good quality white frac sand in the
8,000 to 10,000 psi compressive strength range. See Gossan Press release June
24th, 2013; on Sedar. 


On July 5th, 2013 Claim Post received a letter from a lawyer for Simmons
Construction Limited ("Simmons") requesting information on the deal and giving
notice that Simmons, acting on its own behalf and as agent for others (the
"Simmons Group"), holds a debenture from Char Crete Ltd ("Char Crete") that
creates a security interest in the undertaking and all the assets of Char Crete.
The Simmons Group claim purports to include the 9 quarry leases. The total
principal of the debenture on all Char Crete assets is $1,243,458 dollars. 


Claim Post purchased the said leases from Char Crete on August 7, 2012, which
was before the January 15, 2013 date upon which the Simmons Group filed
(registered their security interest) under the Manitoba Personal Property
Security Act and before the date of the Simmons Group debenture. Accordingly,
Claim Post takes the position that the Simmons Group security interest did not
attach to the Char Crete quarry leases as they were not owned by Char Crete as
at the date of the debenture. 


Charles Gryba, CEO of Claim Post Resources, stated: "Once you start to create
value in a mineral project, creditors of the seller of the property usually
appear. Char Crete has owned the leases for 10 years, paid all the taxes and the
leases are registered in Char Crete's name. Our agreement was to pay $1,500,000
dollars plus a retained $1.00 per tonne royalty to Char Crete; cheques totaling
$1,500,000 have been issued and cashed. As of a conversation with Char Crete's
principal this week, he indicated that its lawyer is in the process of
transferring the leases to Claim Post and is dealing with creditors. Char Crete
has assets, including railroad land (CPS Press Release January 25th 2013) plus
several large permitted gravel deposits in the Winnipeg area that have value.
Meanwhile, we are advancing the "Seymourville Frac Sand Project". Our next step
is to confirm the silica sand deposit identified in the Gossan 40 drill holes,
complete a NI 43 101 report and a scoping study plus carry on our discussions
with Hollow Water and the villages of Manigotogan and Seymourville."


The Company also announces that it has granted a total of 4,550,000 stock
options to directors, officers, employees, consultants and service providers
pursuant to the Stock Option Plan of the Company. The stock options are
exercisable at a price of $0.10 per share for a period of five (5) years.


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, 200km north of Winnipeg, Manitoba.
The Company intends to develop the "Seymourville Frac Sand Project" as a source
of fracking sand for the oil and gas industry in Manitoba and Western Canada.
Claim Post also has mineral claims in the Timmins area for gold and base metal
exploration. There are 49,288,831 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Claim Post Resources Inc.
Charles Gryba
President and Director
416-801-6366


Claim Post Resources Inc.
Peter Gryba
Corporate Affairs
416-203-3776
www.claimpostresources.com
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