July 6, 2010
Everclear Capital Ltd. ("Everclear" or the "Company") is pleased to announce that its
filing statement dated as of June 30, 2010 (the "Filing Statement"), as approved by the
TSX Venture Exchange (the "Exchange"), has been filed on SEDAR and may be viewed
at www.sedar.com. The Filing Statement describes the Company's proposed qualifying
transaction with Metallica Mining AS (the "Qualifying Transaction"), as required by Policy
2.4 of the Exchange and as described in the Company's news releases dated March 31,
2010 and June 28, 2010.

The Company is a Capital Pool Company listed for trading on the Exchange, which has
acquired from Metallica Mining AS a controlling interest in MAEPA Empreendimentos
Mineiros e Participacoes Lda., a private Portugese company and Innomatik Exploration
Kosovo LLC, a private Kosovo company. The Company anticipates completing the
Qualifying Transaction on July 9, 2010.

Investors are cautioned that, except as disclosed in the Filing Statement prepared in
connection with the Qualifying Transaction, any information released or received with
respect to the transaction may not be accurate or complete and should not be relied
upon. Trading in the securities of a capital pool company should be considered highly

On behalf of the Board,

"Mark T. Brown"

Mark T. Brown CA
President & Director