Reunion Gold Corporation
TSX VENTURE : RGD

Reunion Gold Corporation

September 14, 2010 11:32 ET

Reunion Gold Corporation Makes Board Appointments; Grants Options

LONGUEUIL, QUÉBEC--(Marketwire - Sept. 14, 2010) - Reunion Gold Corporation (TSX VENTURE:RGD) ("Reunion" or the "Company") is pleased to announce that its board chair David Fennell has assumed the role of executive chair of the Company and that Peter Nixon has been named lead director of the board. This change is related to the Company's recent acquisition of certain manganese prospecting licences in Guyana (the "Guyana Licences") - please see the Company's news release of September 9, 2010.

Mr. Fennell played a critical part in the acquisition of the Guyana Licences and has agreed to assume an executive role in the development of this project. Mr. Fennell has been involved in mineral operations in Guyana since the early 1980s and was instrumental in the discovery and development of the Omai mine. In conjunction with Mr. Fennell's new role as executive chair, Peter Nixon has been appointed to the new position of lead director of the board. The lead director is an independent director appointed by the board to ensure that the board can perform its duties in an effective and efficient manner, free from the influence of management. Mr. Nixon, a member of Reunion's board of directors since 2004, has had a lengthy career in the investment industry, specializing in the natural resource sector, and has served as a director of several companies in the mining business. He has significant experience in corporate governance and will continue to be a member of Reunion's audit and compensation and corporate governance committees. As previously announced, Mr. Joachim Bayah has been appointed Chief Operating Officer for the manganese projects in Guyana.

The Company also announces that, subject to regulatory approval, it has approved the grant of an aggregate of 3,700,000 incentive stock options to directors, officers and consultants of the Company. Subject to vesting conditions, the options are exercisable for a period of five years at an exercise price of $0.30, the closing price of the Company's stock on September 10, 2010. 

Reunion Gold Corporation is an exploration company focused on acquiring and exploring mineral projects in the Guiana Shield in South America. Additional information about the Company is available through regular filings and press releases on SEDAR and on the Company's website at www.reuniongold.com.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

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