Cleanfield Alternative Energy Announces Prospectus Offering

Cleanfield Alternative Energy Inc. ("Cleanfield") (TSX VENTURE:AIR) is pleased
to announce that it has entered into a letter of engagement with Wolverton
Securities Ltd. to act as agent, on a commercially reasonable efforts basis,
subject to a formal agency agreement, for a prospectus offering.


Cleanfield will offer 2-year 12% Series B secured senior convertible debentures
(the "Debentures") under the prospectus offering of minimum gross proceeds of
$750,000 and maximum gross proceeds of $1,500,000. The principal amount of the
Debentures will be convertible into units of Cleanfield with each unit
comprising of one common share and one warrant. Each warrant will entitle the
holder to acquire one common share for 24 months from the completion of the
prospectus offering. The Company will also offer common shares in the prospectus
offering for gross proceeds of up to $500,000. Cleanfield intends to qualify to
file, and expects to file, a short form prospectus for the prospectus offering
in the next few weeks.


The issuance of the Debentures and the shares is conditional upon all necessary
regulatory and stock exchange approvals.


Net proceeds from the prospectus offering will be used by Cleanfield for general
working capital purposes.


FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release constitute forward-looking
statements. The use of any of the words "anticipate", "continue", "estimate",
"expect", "may", "will", "project", "should", "believe" and "confident" and
similar expressions are intended to identify forward-looking statements. The
Corporation believes that the expectations reflected in these forward-looking
statements are reasonable but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements included in, or
incorporated by reference into, this press release should not be unduly relied
upon. These statements speak only as of the date of this press release. The
Corporation undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.


About Cleanfield Alternative Energy Inc.

Cleanfield Alternative Energy Inc. is the parent company of Cleanfield Energy
Corp. and is committed to the development of renewable energy products for both
consumer and commercial applications. Cleanfield's tailor-made VAWT can be
mounted on a tower or suitable rooftop, offering electricity independence and
security.

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