Regulatory News

LONDON, UNITED KINGDOM--(Marketwire - June 29, 2012) - Cluff Gold PLC (AIM:CLF)(TSX:CFG) -

For filings with the FSA include the annex
For filings with issuer exclude the annex

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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the
underlying issuer of existing shares to Cluff Gold PLC
which voting rights are attached:
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2. Reason for the notification (please
tick the appropriate box or boxes):
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An acquisition or disposal of voting rights X
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An acquisition or disposal of qualifying
financial instruments which may result
in the acquisition of shares already
issued to which voting rights are attached
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An acquisition or disposal of instruments
with similar economic effect to
qualifying financial instruments
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An event changing the breakdown of voting
rights
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Other (please specify):
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3. Full name of person(s) subject to the
notification obligation:
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4. Full name of shareholder(s)
(if different from 3.): Libra Advisors, LLC
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5. Date of the transaction and date on
which the threshold is crossed or reached: June 28, 2012
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6. Date on which issuer notified: June 29,2012
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7. Threshold(s) that is/are crossed or
reached:
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8. Notified details:
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A: Voting rights attached to shares
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Class/ Situation previous Resulting situation after the triggering
type of to the triggering transaction
shares transaction


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if Number Number Number Number of voting % of voting
possible of of of shares rights rights
using Shares Voting
the ISIN Rights
CODE

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Direct Direct Indirect Direct In-
direct
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common
15,699,834 15,699,834 15,581,221 15,581,221 9.9%
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that may rights
Period be acquired if
the
instrument is
exercised/
converted.
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C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments
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Resulting situation after the triggering transaction
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Type of Exercise Expiration Exercise/ Number of % of voting
financial price date Conversion voting rights rights
instrument period instrument
refers to
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Nominal Delta
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Total (A+B+C)
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Number of voting rights Percentage of voting rights
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15,581,221 9.9%
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9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable:
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Libra Fund, LP: 13,991,071
Libra Offshore Master Fund, LP: 1,590,150
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will
cease to hold:
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12. Date on which proxy holder will cease to hold
voting rights:
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13. Additional information:
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14. Contact name: Ranjan Tandon
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15. Contact telephone number: 212-350-5125
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