Clermont Capital to Commence Trading

CLERMONT CAPITAL INC.

736 Granville Street, Suite 100 Vancouver, BC V7Z 1G3 Telephone: 604-684-6730 Fax: 604-684-6740 NEWS RELEASE

CLERMONT CAPITAL TO COMMENCE TRADING

August 31, 2012 – Clermont Capital Inc. (the "Company"), a capital pool company, (TSX Venture Exchange ("Exchange"): XYZ.P) is pleased to announce that it has completed its initial public offering of common shares through its agent, PI Financial Corp., as previously announced in the Company's news release dated August 29, 2012. The Company issued 3,000,000 common shares at a price of $0.10 per share for gross proceeds of $300,000.

The Company’s common shares are to resume trading under the symbol XYZ.P at the open of market on Friday, August 31, 2012.

The Company is pleased to announce that its board of directors consist of Arlen Hansen, James Currie, Marc Prefontaine, and Sophia Shane. The officers of the Company are Arlen Hansen, James Currie, and Neil Currie.

Arlen Hansen, President, CEO and Director

Mr. Hansen is currently the President and founder of Kin Communications Inc., a full service investor relations firm specializing in resource and mining companies. Mr. Hansen has been marketing and aiding in funding several Exchange and TSX listed companies for the last 11 years.

James Currie, Chairman, CFO and Director

Mr. Currie is a mining engineer with over 32 years of experience in the mining industry, having worked on projects in North and South America, Asia and Africa. Currently, Mr. Currie is the Chief Operating Officer of Elgin Mining Inc. Prior to that he was employed by New Gold Inc. from 2008 to 2011, initially as Vice- President Operations and then Executive Vice-President and COO. Mr. Currie also served as Vice President Operations for Miramar Mining Corp., a TSX-listed company. Prior to that, Mr. Currie held the position of General Manager of Mauritanian Copper Mines SA. Mr. Currie has a Bachelors of Science in Mining from Queen's University, and has been a Professional Engineer since 1982.

Marc Prefontaine, Director

Mr. Prefontaine was the President and CEO of Grayd Resource Corp. from March 2003 until January 2012. Mr. Prefontaine graduated with a Bachelors of Science in Geology from the University of Alberta and a Master of Science in Geology from Queen’s University. He is a Professional Geologist with over 20 years experience in all facets of mineral exploration and has worked throughout North and South America, South Africa and Central Asia for major companies as well as reputable junior companies. Mr. Prefontaine currently sits on the board of Santa Cruz Silver Mining Ltd. an Exchange-listed company.

Sophia Shane, Director

Ms. Shane has been employed by Namdo Management Services Ltd. from June 1996 until present in a series of positions in areas of corporate development. Ms. Shane started her career at Odlum Brown Limited. Ms. Shane is a Fellow of the Canadian Securities Institute and a member of the Canadian Investor Relations Institute, and currently sits on the board of two Exchange listed companies.

Neil Currie, Secretary

Mr. Currie is currently the President & CEO of Stockpools Inc. a web marketing firm specializing in brand experience for public issuers. Mr. Currie is a Partner at Vantage Communications and held the position of Vice President from 2008 to 2009. Mr. Currie previously worked with Candente Resource Corp, a company listed

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on the Exchange, as Manager of Corporate Communications and Investor Relations for 2 years.

FOR FURTHER INFORMATION PLEASE CONTACT:

Arlen Hansen, President, and CEO of Clermont Capital Inc.

Telephone: (604) 684-6730

Neither 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.

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company’s listing of its common shares on the Exchange. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward- looking statements will occur or, if they do occur, what benefits the Company will obtain from them.