First Gold Exploration Inc.

First Gold Exploration Inc.

April 14, 2009 16:52 ET

First Gold Exploration Inc.: Appointment of Alykhan A. Mandani and Yannick Munn to the First Gold's Board of Directors

LAVAL, QUEBEC--(Marketwire - April 14, 2009) - First Gold Exploration Inc. (the "Company" or "First Gold") (TSX VENTURE:EFG)(FRANKFURT:F12) is pleased to announce the appointment of Alykhan A. Mamdani and Yannick Munn to the Company's board of directors. Mr. Mamdani has been appointed to replace Mr. Bradley as a member of the Audit Committee.

Alykhan A. Mamdani has been integral in the establishment, financing and growth of various technology companies since 1996. He is a founder, officer and director of the Softech group of companies, including Softech Asset Management Corp., which created and manages a number of investment limited partnerships investing in various technology projects, and Softech Capital Corp., which is a private company investing in technology projects. He is also the president of Critical Control Solution Inc., a company that graduated from the TSX-V to the TSX this year (TSX:CCZ). Mr. Mamdani was the President, Chief Executive Officer, Chief Financial Officer and a director of Intermedia Capital Corp., which became Savanna Energy Services Corp. (TSE:SVY) through a reverse takeover. He is also a director of IMC2 Capital Corp., a capital pool company (TSX VENTURE:ICC.P) Mr. Mamdani has a bachelor of mathematics from the University of Waterloo, a law degree from the University of Western Ontario, and a master's of corporate law and finance from Widener University in Wilmington, Delaware. Mr. Mamdani is a member of both the Law Society of Alberta and the New York Bar.

Yannick Munn is an entrepreneur who has worked for many years in corporate creation and business development. He has worked in a variety of industries. In 2004, he founded a consulting firm that was acquired in 2008 by a major group. After acting as vice president of sales for that group, he decided to devote his time to independent consulting activities and mandates.

First Gold is also announcing the granting of 2,575,000 stock options to directors, officers and consultants of the Company. Eric Leboeuf, President and Chief Executive Officer, and Alykhan A. Mamdani and Yannick Munn, directors, will each receive 300,000 options. Robert P. Boisjoli, Director of Finance, will receive 150,000 options, and Denis Simoneau, Chairman of the Board of Directors, will receive 250,000 option. Six consultants will receive a total of 1,275,000 options. Each option entitles its holder to purchase one share of the Company for $0.15 per share for a five-year period.

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

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