Mahdia Gold Corp.

Mahdia Gold Corp.

June 04, 2014 16:00 ET

Mahdia Gold Announces the Resignation of Director

TORONTO, ONTARIO--(Marketwired - June 4, 2014) - Mahdia Gold Corp. (the "Company") (CNSX:MGD) announces the resignation of John Reynolds for personal reasons as Chairman and Director.

The board wishes to thank Mr. Reynolds for his service since being appointed to the positions. His participation in Mahdia Gold has been valuable and has helped the company tremendously.

Additional dredge capacity is being added to the operation and the company is continuing to seek 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, South America.

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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