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From: Nostradameus	9/15/2008 6:15:35 PM
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CFO : 7 millions $ financing Mr. Harry Miller reports CLIFTON RESOURCES INC. ANNOUNCES FINANCING WITH MINERALFIELDS GROUP Clifton Star Resources Inc. has arranged a non-brokered private placement of up to 666,667 flow-through units (each unit consisting of one flow-through share and one warrant) at a price of $3 per unit (for a total of $2-million). Each of these warrants will be exercisable for a period of 24 months from the closing of the private placement at a price of $3.30 per share. In addition to the flow-through units, there will be a hard dollar, non-brokered private placement of up to 1,968,503 units (each unit consisting of one share and one warrant) at a price of $2.54 per unit (for a total of $5-million). Each of these warrants will be exercisable for a period of 24 months from the closing of the private placement at a price of $2.70 per share. These private placements are conditional on satisfactory due diligence.

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