Trueclaim Exploration Inc.: Corporate Update

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Trueclaim Exploration Inc.: Corporate Update

Trueclaim Exploration Inc. (TSX V :TRM ,OTCQX : TRMNF ) is pleased to provide the following corporate update :

Effective immediately Mr. Byron Coulthard will assume the role of President and CEO of Trueclaim. Dr. Gerry Lefevre and Mr. John Carter have resigned and accepted new roles as V.P. Corporate Development and V.P. Operations respectively and will both remain on the Board of Directors.

Mr. Coulthard would like to thank both men for their hard work and commitment to TRM through these difficult times in the junior mining industry. Their leadership has positioned TRM well as it moves forward with the development of both the Black Diamond Silver / Copper / Gold property in Arizona and the Scadding Gold property in Northern Ontario.

Mr . Coulthard brings extensive experience in both finance and mining that will enable TRM to secure the necessary funding to advance both projects.

Mr. Coulthard quotes " I look forward to working with the management and the Board of Directors and to developing a clear plan that will see TRM not only continue work on Black Diamond and Scadding but provide significant shareholder value "

TRM would also like to announce the appointment of Mr. Brian Larsen to the Board of Directors . Mr. Larsen's financial experience and his substantial commitment to the company further enhances the company's ability to fund its projects.

The addition of both of these men to the Trueclaim Team are very positive steps forward as it provides TRM with valuable experience that will be required as it moves through 2013 .

Trueclaim will be providing a property update in the coming weeks.