SOURCE: KAT Gold Holdings Corp

April 26, 2012 09:40 ET

KAT Gold Holdings Corp Welcomes Two New Board Members

MOUNT PEARL, NL--(Marketwire - Apr 26, 2012) - KAT Gold Holdings. (OTCQB: BVIG) (PINKSHEETS: BVIG)

KAT Gold Holdings Corp, an emerging company with a strong portfolio of mining and exploration properties, is pleased to announce that it has appointed two new members to its board of directors.

Thomas Brookes has agreed to join the company as a director and "Senior Vice President of Foreign Capital Projects." Mr. Ken Stead, CEO, comments that, "On behalf of the board of directors, we are delighted to have someone with this caliber of mineral exploration and firsthand experience in mining operations that will oversee the company's foreign projects as we expand throughout the world. With more than 30 years in the mining sector, Thomas will bring fresh perspectives and proven success to our Board as we continue to progress within our long-term strategic plan."

Mr. Brooke's immediate attention is first and foremost on the company's Ekom Eya gold mining operations in Ghana Africa which is now is in the planning stages of production.

Matthew Sullivan has agreed to join the company as a director and Chief Financial Officer (CFO). Mr. Sullivan has worked with a wide variety of well-established ventures and early stage companies in strategic and business operations. Matthew's background is in venture capital and business analysis and is also the Chief Operating Officer of Asana International, a global consumer health products company and has been the principal of Sullivan & Associates Ltd, a financial consulting firm providing business analysis, marketing research and corporate finance services since 2000. Matthew holds a Bachelor of Arts degree from the University of British Columbia and an MBA from Dalhousie University. He has lived abroad in Europe, India, the Middle East and Asia.

With the experience and dedication of all members of the board of directors, KAT Gold Holdings feels it is set to make a tremendous leap forward as it establishes itself in the gold mining Industry.

For details on the Ekom Eya Mine Operations, please click the link below.

This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements regarding our anticipated gold production, our expected growth and our ability to compete within the African gold mining industry. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in our forward-looking statements include, among others, a failure of our new mine to produce the anticipated quantity of gold, our failure to obtain the necessary funding to conduct our anticipated operations, our ability to successfully integrate the new management and other factors described in our report on Form 10-K for the year ended December 31, 2011 and any other filings with the SEC. The information in this release is provided only as of the date of this release, and Synthetic Biologics undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

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