Mr. Glenn Mullan, an investor, reports

Glenn J. Mullan, of Val d'Or, Que., has acquired 2,476,000 common shares in the capital of Cleghorn Minerals Ltd. for cash consideration of three cents per common share for total cash consideration of $74,280 in accordance with the terms of a share purchase agreement entered into between Mr. Mullan and the vendor. As a result of this acquisition, Mr. Mullan's securityholding percentage of common shares of the issuer increased by approximately 7.18 per cent and Mr. Mullan's securityholding percentage on a postconversion beneficial ownership basis increased by approximately 6.77 per cent.

Immediately before the transaction that triggered the requirement to issue this news release, Mr. Mullan owned, directly and indirectly, an aggregate 6,863,928 common shares of the issuer, representing approximately 19.89 per cent of the Issuer's issued and outstanding common shares, and owned options entitling the purchase of 795,000 common shares of the issuer and owned warrants entitling the purchase of 1.25 million common shares of the issuer, or, assuming exercise of the options and conversion of the warrants, Mr. Mullan owned, directly and indirectly, a total of 8,908,928 common shares or approximately 24.38 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 news release, Mr. Mullan owns, directly and indirectly, an aggregate 9,339,928 common shares of the issuer, representing approximately 27.07 per cent of the issuer's issued and outstanding common shares, and owns options entitling the purchase of 795,000 common shares of the issuer and owns warrants entitling the purchase of 1.25 million common shares of the issuer, or, assuming exercise of the options and conversion of warrants, Mr. Mullan now owns, directly and indirectly, a total of 11,384,928 common shares or approximately 31.15 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.

Mr. Mullan is relying on the private agreement exemption contained in Section 4.2 of National Instrument 62-104, Take-Over Bids and Issuer Bids, on the basis that: (i) the purchase of the common shares that are the subject of this disclosure was not made from more than five persons; (ii) the offer to purchase was not made generally to all holders of the class of securities that is the subject of this disclosure; and (iii) the value of the consideration paid for the securities acquired, including brokerage fees or commissions, was not greater than 115 per cent of the market price of the common shares as determined in accordance with Section 1.11 of NI 62-104. 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 SEDAR+ under the issuer's profile. To obtain a copy of the report, contact Mr. Mullan at 819-824-2808.

This news release is issued pursuant to NI 62-104, Take-Over Bids and Issuer Bids, and NI 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.