Cameo Industries Corp - Ordinary Shares V.CRU

RE: RE: Over $73 000 000 counterfeit shares no res

[spring2010]

Oslo Stock Exchange standard settlement period pertaining to equities is 3 days. Don’t get hung up on the cross border BS as cross border settlement takes way longer than 3 days. They are just enforcing that they are aware that people always plan to use this as an excuse and were proactive. Letter still stands Severstal did not not make the 3 day settlement if they bought in Norway or any other country.

Dear William LeClair,

Thank you for your press release today regarding share consolidation. Unfortunately, this press release failed to mention or acknowledge that Severstal purchased 209,389,500 or $73 000 000 counterfeit shares on the OSE exchange. Why did you chose to omit the last day of cross border trades with ordinary settlement period T+3 will be July 23, 2010?

What is the exact process in OSE with respect to the share consolidation? Is it the same as Canada where a registered shareholder must send the certificate representing pre-consolidated common shares ?

Is this information you have shared with your Board of directors? Did they approve your press release today as it appears to have left out the glaring phantom shares?

Who’s fiduciary duty is it to inform investors that OSE must cancel 209,389,500 purchased by Severstal and all other shares that will not meet the July 23, 2010?

I await your timely response,

This is a very bullish event for Crew Gold Shareholders