Mahdia Gold Corp.

Mahdia Gold Corp.

May 21, 2014 09:57 ET

Mahdia Gold Announces Appointment of New Director

TORONTO, ONTARIO--(Marketwired - May 21, 2014) - Mahdia Gold Corp. (the "Company") (CNSX:MGD) announces the appointment of a new Independent Director to its board of Directors.


Mahdia Gold is pleased to announce the appointment of Robert Buckland as a new Independent Director to the Board of Directors. As president of Compass Atlantic Consultants Inc, Mr. Buckland specializes in resource project financing through a British supply chain financing instrument now available to Mahdia. "Subject to specific conditions, we stand ready to place this and other financing mechanisms at the disposal of Mahdia as required," Mr. Buckland said, "and offer our communications skills and IR network where management may find those useful."

Mr. Buckland, a graduate of McGill University, organized financing for the Yellow Eagle Mine gold mine at Cripple Creek near Fairbanks, Alaska, consulted on project funding for the Dun Glen placer gold production in Nevada, and has been involved in the founding of a public Issuer.

Mr. Buckland's involvement in Mahdia Gold signals an important step for Mahdia Gold as the company seeks to access necessary funding that is required to develop its business and meet its obligations in Guyana.

About Mahdia Gold Corp.

Mahdia is a Canadian-based gold exploration company with active gold prospects in Guyana, SouthAmerica.

Forward- Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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