Clemson Announces Change in Management

CLEMSON RESOURCES CORP.

Suite 918-1030 West Georgia Street Vancouver, British Columbia Canada V6E 2Y3 Tel. No. (604) 628-5621 ♦ Fax No. (604) 628-2650

Clemson Announces Change in Management

Vancouver, British Columbia – May 17, 2012 – Clemson Resources Corp. (TSX-V:CRZ) (the “Company”) is pleased to announce the appointment of Daniel MacNeil as a director of the Company, upon the resignation of Hamed Shahbazi.

Daniel MacNeil holds a B.Sc. from St. Francis Xavier University and a M.Sc. from the University of British Columbia and is currently the Vice President, Exploration of Providence Resources Corp. Mr. MacNeil began his exploration career with Anglo American, and has also spent 7 years with Barrick Gold Corp. Most recently, Mr. MacNeil held the title of Senior Geologist for Cardero Resource Corp.

The Board of Directors sincerely thanks Hamed Shahbazi for his past services and contributions.

For further information please contact:

Martin Bajic, Chief Financial Officer Tel: (604) 628-5621 Fax: (604) 628-2650

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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 news release.

This news release contains certain statements that may be deemed “forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change, except as required by law.