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Elm Tree Minerals Appoints Garry Clark, P.Geo to the Board of Directors

Management Changes

ELM TREE minerals inc.

710 - 890 W. Pender St - Vancouver, BC - V6C 1J9 Tel: 604.669.2151 / Fax: 604.669.2136 Website: www.elmtreeminerals.com

ETM-NR-7-12 July 5, 2012 TSX-V: ETM

Elm Tree Minerals Appoints Garry Clark, P.Geo to the Board of Directors

Vancouver, B.C. - (July 5, 2012 - TSX-V: ETM) Elm Tree Minerals Inc. (“Elm Tree”) is pleased to announce the appointment of Mr. J. Garry Clark, B.Sc., P.Geo. to the Company's Board of Directors. Mr. Clark holds an Honours B.Sc. Degree (1983) in geology from Lakehead University in Thunder Bay, Ontario.

Mr. Clark has been provides consulting services to a number of junior mining exploration companies through his own company, Clark Exploration Consulting and currently serves on the board of several TSX Ventures listed junior resource companies including Suparna Gold Corp. (TSX.V: SUG), Mineral Mountain Resources Inc. (TSX.V: MMV), Lakeland Resources Inc. (TSX.V: LK) and Challenger Deep Resources Corp. (TSX.V: CDE).

Mr. Clark is registered with the Association of Professional Geoscientists of Ontario as a Professional Geologist (P.Geo). He has held various exploration geological positions with both major and junior explorers. In the late 1980's Mr. Clark began his consulting career with projects in Canada and internationally. Mr. Clark is the Executive Director of the Ontario Prospectors Association (OPA) since the restructuring in 2000 and has been a Director, Vice President or President of the OPA since its formation in the early 1990's. The Ontario Prospectors Association is focused on providing the mineral explorers of Ontario a stronger voice for issues that affect them. Mr. Clark serves on various provincial government committees and boards that support the mineral explorers. Some of these include the Minister of Mines Mining Act Advisory Committee and Ontario Geological Survey Advisory Board.

"We are pleased to welcome Garry Clarke to the board and are eager for his assistance in advancing over the next several years the Keymet Property in New Brunswick. Mr. Clark's boundless experience in exploration will strengthen Elm Tree's board of directors and provide geological leadership in operations and exploration development" commented Michael Waggett, President & CEO of Elm Tree.

Grant of Stock Options

Elm Tree also announces that it has granted Incentive Stock Options on 150,000 shares of its capital stock, exercisable for five (5) years at a price of $0.10 per share, which price is not lower than the last closing price of the Company’s shares prior to this announcement, less the applicable discount. The 1 | P a g e Elm Tree Minerals Inc. News Release

options are granted pursuant to the Company's Share Option Plan and will be subject to applicable regulatory hold periods

About Elm Tree

Elm Tree Minerals Inc. (the Company) is publicly held and listed on the TSX Venture Exchange (symbol TSX-V: ETM). The companies’ primary focus is the exploration and development of mineral properties in Atlantic Canada, which is a sovereign risk free, resource rich domain. The Company’s key assets are the Keymet Property located in Bathurst, New Brunswick, and the Romero Property located in the Nelson Mining District of British Columbia.

To find out more about Elm Tree, visit our website at www.elmtreeminerals.com.

ELM TREE MINERALS INC.

Per: "Michael Waggett"

Michael Waggett, President

For more information, please contact:

Elm Tree Minerals Inc.

Michael Waggett President, CEO and Director (604) 669-2151 Office E: [email protected] W: www.elmtreeminerals.com Or:

Tribeca Capital Partners Inc.

Jamie Hyland (604) 669-2151 Office (778) 938-8760 Cell E: [email protected] W: www.elmtreeminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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