FOR IMMEDIATE RELEASE
McLaren Resources Inc. Announces Shares Now RSP Eligible
August 08, 2008 – Toronto, ON
McLaren Resources Inc. (CNQ: MCLN) today reported that it has been advised by Canada Revenue Agency that its election to become a public company for tax purposes has been accepted. As a consequence, McLaren common shares are now eligible for Registered Retirement Savings Plans. McLaren common shares are listed on the Canadian Trading and Quotation System Inc. (CNQ) under the trading symbol “MCLN” and on the Frankfurt Stock Exchange (FWB) under the trading symbol “3ML”. Currently there are 18,944,281 common shares outstanding (20,319,281 fully diluted).
McLaren Resources is a hydrocarbon exploration company currently focused on its North Sea gas interests. McLaren and its partners Ascent Resources Plc of the United Kingdom and Energie Beheer Nederland BV (EBN), the Dutch state-owned oil and gas company have initiated an exploration program on three blocks in the highly prolific Dutch sector of the North Sea. McLaren’s interest in these blocks is 27% and the exploration licenses extend to August 2011. The current work program focuses on data collection and interpretation with the aim of defining specific drill targets.
For further information, please contact Mr. Greg Liddy, President of McLaren, at 416-203-6784 x301 or Mr. Tom Berner, Investor Relations, at 416-203-6784 x202. Additional information about McLaren can be found at the Company’s website at http://www.mclarenresources.com.
The Canadian Trading and Quotation System Inc. has neither approved nor disapproved of the contents of this press release.