Mr. Glenn Mullan, a shareholder, reports

Glenn J. Mullan of 152 chemin de la Mine Ecole, Val d'Or, Que., J9P 7B6, has acquired 650,000 units of Cleghorn Minerals Ltd., having a head office at 152 chemin de la Mine Ecole, Val d'Or, Que., J9P 7B6, under a private placement offering by the issuer sold at a price of 5.25 cents per unit, with each unit comprising one common share in the capital of the issuer and one non-transferable share purchase warrant, with each warrant entitling the purchase of one common share in the capital of the issuer at a per-share price of seven cents until May 18, 2025. The securities were issued by the issuer from its treasury for total cash consideration of $34,125. As a result of the issuance to Mr. Mullan by the issuer of the units under the offering, Mr. Mullan's ownership percentage of warrants increased by approximately 31.02 per cent and Mr. Mullan's securityholding percentage on a postconversion beneficial ownership basis increased by approximately 2.12 per cent.

Immediately before the transaction that triggered the requirement to issue this release, Mr. Mullan owned, directly and indirectly, an aggregate 5,613,928 common shares of the issuer, representing approximately 19.09 per cent of the issuer's then issued and outstanding common shares, and owned options entitling the purchase of an aggregate 990,861 common shares of the issuer, or, assuming exercise of the options, a total of 6,604,789 common shares, or approximately 21.73 per cent of the issuer's common shares on a postconversion beneficial ownership basis.

Immediately after the transaction that triggered the requirement to issue this release, Mr. Mullan owns, directly and indirectly, an aggregate 6,263,928 common shares of the issuer, representing approximately 19.88 per cent of the issuer's now issued and outstanding common shares, and owns options entitling the purchase of an aggregate 990,861 common shares of the issuer and warrants entitling the purchase of an aggregate 650,000 common shares of the issuer, or, assuming exercise of the options and warrants, a total of 7,904,789 common shares, or approximately 23.85 per cent of the issuer's common shares on a postconversion beneficial ownership basis.

The securities were acquired for investment purposes by Mr. Mullan and he will evaluate his investment in the issuer and will increase or decrease his investment by future acquisitions or dispositions of securities of the issuer at his discretion, as circumstances warrant. As of the date hereof, Mr. Mullan has no immediate future intention to acquire additional securities of the issuer or dispose of securities of the issuer that he owns. Mr. Mullan may, in the future, exercise options and warrants that he owns and, thus, acquire further common shares in the capital of the issuer.

A report respecting this acquisition will be electronically filed with regulators in Alberta, British Columbia, Ontario and Quebec and will be available for viewing through the Internet on SEDAR. To obtain a copy of the report, contact Mr. Mullan at 819-824-2808.