Trueclaim Increases Private Placement

Trueclaim Exploration (OTCQX: TRMNF; TSX-V: TRM) is increasing the amount of its private placement up to $880,000 through the issuance of 5,500,000 units at a purchase price of $0.16 per unit.  Each unit will consist of one common share in the capital of the Company and one common share purchase warrant (each a “Warrant”). Each Warrant has a term of 18 months from the date of closing of the Private Placement (the “Closing Date”) and entitles the holder thereof to purchase one common share of the Company at an exercise price of $0.25 per share at any time on or before 18 months after the Closing Date.

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