Clear Gold investor Ross acquires 2.41 million shares

Mr. Adam Ross , an investor, reports EARLY WARNING REPORT ISSUED PURSUANT TO NATIONAL INSTRUMENT 62-103 - ACQUISITION OF SECURITIES OF CLEAR GOLD RESOURCES INC. This news release is related the securities of Clear Gold Resources Inc. Adam Ross has acquired beneficial ownership of 2,414,843 common shares in the capital of the company at a deemed price of 6.375 cents pursuant to a share-for-debt transaction. Immediately prior to the acquisition, the acquiror owned no common shares, representing 0 per cent of the issued and outstanding common shares of the company on an undiluted basis. In addition, prior to the acquisition, the acquiror held no convertible securities of the company. Following completion of the acquisition, the acquiror had beneficial ownership, control and direction over an aggregate of 2,414,843 common shares, representing approximately 12.63 per cent of the issued and outstanding common shares on an undiluted basis. The acquiror acquired the common shares for investment purposes. The acquiror may, depending on market and other conditions, increase or decrease his ownership of the company's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions, and other available investment and business opportunities. National Instrument 62-103 also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters. A copy of the early warning report will appear with the company's documents under its profile on SEDAR+.