Castle Gold Corporation
TSX VENTURE : CSG

Castle Gold Corporation

November 05, 2007 20:38 ET

Castle Gold Announces New Chief Financial Officer

TORONTO, ONTARIO--(Marketwire - Nov. 5, 2007) - Castle Gold Corporation (TSX VENTURE:CSG) announces that effective November 1, 2007, the Company's Chief Financial Officer, Michael Farrant has resigned his position to pursue other business activities.

The President of Castle Gold, Mr. Christopher Babcock stated, "We would like to thank Michael for his contributions to the Company, and in particular in connection with the amalgamation of Morgain Minerals Inc. and Aurogin Resources Ltd. effective August 28, 2007. We wish Mr. Farrant every success in his future endeavours."

Castle Gold has appointed, Maricruz Alvarado, MBA, CGA, CPI as interim Chief Financial Officer. Ms. Alvarado has experience acting as the CFO of public mining companies.

Joseph Giuffre has been appointed as the new Corporate Secretary of the Corporation. Mr. Giuffre is founding partner in the Axium Law Corporation and has extensive experience in business and legal matters, and has a transaction-based practice in the areas of corporate finance, securities, mining, corporate structuring, project finance, mergers and acquisitions and all areas of corporate governance.

The Corporation also announces the grant of 175,000 employee stock options in connection with these appointments.

ON BEHALF OF THE BOARD OF DIRECTORS,

"Christopher Babcock"

Christopher Babcock, President and Chief Executive Officer

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Castle Gold Corporation
    Court Babcock
    Investor Relations
    (604) 643-1727 or Toll Free 1-866 MINE CSG(866-646-3274)
    Website: www.castlegoldcorp.com