Brigadier Gold Limited

Brigadier Gold Limited

May 18, 2012 17:08 ET

Brigadier Gold Limited Announces Management Changes

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - BRIGADIER GOLD LIMITED (the "Company") (TSX VENTURE:BRG) (FRANKFURT:B7LN) is pleased to announce that Denis Hayes of Kelowna British Columbia has been elected President and Chief Executive Office of the company by the board of directors. Mr. Hayes replaces Mr. Grant Hall who stepped down as president and CEO today.

Mr. Hayes has spent a large part of the last number of years in Africa and most recently in East Africa, specifically Tanzania and Mozambique. Mr. Hayes brought to Brigadier Gold the idea to follow up on the due diligence work preformed by the Mozambique Gold technical team and to work towards the acquisition of one or more of the precious metals properties they identified. Out of the many properties reviewed, Brigadier will be concentrating its efforts on those with the evidentiary potential to become major precious metals mines.

Mr. Hayes has served as an officer and as a director of several public and private mineral exploration companies. Over his many years in the industry, first as an investment banker, and then as a private entrepreneur, Denis has raised many millions of dollars for exploration and development projects, and in fact was integral in Brigadier Gold's most recent financing.

"I plan to work diligently in conjunction with Grant Hall and the rest of the people associated with Brigadier Gold to bring increased value to all our shareholders" commented Mr. Hayes. "I would not have been as comfortable with my rapid transition to management had it not been for Grant Hall's commitment to consult with and advise myself and the company over the next several years. With the full backing of Brigadier Gold's board of directors and most importantly the support of the company's shareholders we plan to transition from a junior exploration company to a precious metals producer."

Mr. Hall also resigned from Brigadier Gold Limited's board of directors as part of his changeover as a consultant of the company.

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