Cogitore Corporate Update

TORONTO, ONTARIO--(Marketwired - May 28, 2013) -

Cogitore Resources Inc. (the "Company") (TSX VENTURE:WOO) announced today that Dr. Gérald Riverin is retiring as President and Chief Executive Officer (CEO) effective June 1, 2013. Dr. Riverin will remain on the Board of Directors and will be available for consultation by the Company.

The Board has appointed Mr. Mark Goodman, Company Chairman, as interim President and CEO. A search committee has been struck to conduct an executive search.

Mark Goodman said, "On behalf of Cogitore's Board, I want to thank Dr. Riverin for his tireless efforts. Under his leadership over the last nine years the Company has achieved a great deal, including the receipt in 2009 of Quebec's prestigious Prospector of the Year Award for the Scott Lake Project, Chibougamau, PQ. Gérald is a recognized expert on volcanogenic massive sulphide-type copper/zinc deposits and has been generous with his time as a teacher and mentor. We wish him well in his retirement."

About Cogitore Resources

The Company is a Tier-2 Mining Issuer engaged in the exploration for base metals with high precious metal tenors on properties located in Quebec and Ontario. The strategic focus is on known mineralized tends in close proximity to existing infrastructure, experienced work forces and mining friendly communities.

Caution Regarding Forward-Looking Information

This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of the Company. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Cogitore believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this new release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. Cogitore disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.