Louisa Spencer - Press Release

TORONTO, May 14 /CNW/ - Louisa Spencer (the "Securityholder") has filed an early warning report dated May 4, 2010, advising of the acquisition of 3,629,087 common shares ("Shares") representing approximately 14.86% of the outstanding common shares of Hamilton Thorne Ltd. ("Hamilton Thorne") in connection with the Qualifying Transaction completed by Hamilton Thorne (formerly, Calotto Capital Inc.) completed on November 2, 2009.

The Securityholder has acquired the Shares for investment purposes and may from time to time acquire additional common shares of Hamilton Thorne either on the open market or through private acquisitions or sell the Shares either on the open market or through private dispositions. This news release is being issued under the early warning provisions of Canadian provincial securities legislation.

SOURCE LOUISA SPENCER

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LOUISA SPENCER

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