Mr. Ryan Kalt reports

CLEAN COMMODITIES CORP. ACQUIRES URANIUM PROJECT IN LABRADOR

Clean Commodities Corp. has acquired the Labrador uranium project, an advanced, drill-ready uranium exploration project located in the Notakwanon area of Labrador.

"Clean Commodities is fortunate to acquire a project hosting such a significant number of uranium showings, including the Notak-1 target, which is a drill-ready prospect based on past work by Altius Minerals. Today's announcement positions an advanced wholly owned uranium asset within our portfolio and nicely complements the $8-million transaction we recently disclosed at our Preston uranium project in Saskatchewan," commented Ryan Kalt, chief executive officer of Clean Commodities.

Uranium mineralization at the Labrador uranium project is interpreted to be shear-zone-hosted, while resembling the basement-hosted uranium mineralization found in Saskatchewan's Athabasca basin.

Among the variety of uranium prospects hosted within the Labrador Trough project are the Notak-1 showing, which yielded grab sample assay values up to 1.93 per cent U3O8 (triuranium octoxide), and the Old School showing, which yielded grab sample assay values up to 2.08 per cent U3O8.

The Labrador uranium project tenure hosts 15 of 16 uranium prospects identified by Altius Minerals Corp. on ground formerly contained within its Notakwanon uranium project, plus an additional prospect on tenure formerly held by Ucore Rare Metals Inc.

Tenure underlying the Labrador Trough project was largely possible as a result of assessment credit depletion on mineral claims held in past by Altius Minerals, which had previously optioned a 50-per-cent interest in its Notakwanon uranium project in a multimillion-dollar property deal prior to the uranium downturn.

Assessment filings by Altius Minerals have noted the potential for the Notakwanon area of Labrador to host bulk-tonnage potential for uranium.

Labrador offers significant uranium exploration potential and is elsewhere home to Paladin Energy's Michelin uranium deposit, one of the world's largest undeveloped uranium deposits.

Parties interested in further technical information corresponding to the tenure and prospects underlying the Labrador uranium project are encouraged to consult past assessment files submitted by Altius Minerals, including Newfoundland and Labrador assessment file 013M/0091 and Newfoundland and Labrador assessment file 013M/0094.

The Labrador uranium project was acquired through map designation and is currently registered within the pending phase of acquisition. All required fees have been paid, and tenure ownership is expected to be processed shortly. The project was acquired at a cost equating tenure licence costs plus a 2-per-cent royalty to an arm's-length party.

Qualified person

Perry MacKinnon, PGeo, in his capacity as a qualified person for Clean Commodities as defined under National Instrument 43-101, has reviewed and approved the technical information provided in this news release.

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