Roxgold Inc.
TSX VENTURE : ROG

Roxgold Inc.

February 16, 2012 09:00 ET

Roxgold Named Top Overall Company in TSX Venture 50 for 2012

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 16, 2012) - Roxgold Inc. ("Roxgold" or "the Company") (TSX VENTURE:ROG) is pleased to announce that the TSX Venture Exchange Inc. has ranked Roxgold as its top overall performing company in the TSX Venture 50® for 2012.

On February 15, 2012 Roxgold was recognized as a TSX Venture 50® company for 2012. TSX Venture 50® is a trade-mark of TSX Inc. and is used under license. The TSX Venture 50® are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors - mining, oil & gas, technology & life sciences, diversified industries, and clean technology based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2011.

The recognition of Roxgold as a TSX Venture 50® company for 2012 complements the Company's earlier achievement of being named to the S&P/TSX Venture 30 Index on February 10, 2012. The S&P/TSX Venture 30 Index, which is calculated and managed by Standard & Poor's is designed to measure the performance of 30 of the largest and most liquid securities in the S&P/TSX Venture Composite Index.

View the 2012 TSX Venture 50 rankings list and methodology: http://www.tmxmoney.com/en/pdf/2012_V50_rankings_list.pdf.

"We are honored to have received this recognition from the TSX Venture Exchange," commented Bob Sibthorpe, President & CEO of Roxgold. "The high grade gold grades and continuity of mineralized zone encountered at the 55 Zone on the Yaramoko Project indicate we have discovered a significant Archean greenstone deposit that is attracting strong interest."

About Roxgold

Roxgold is a Canadian based resource company listed on the TSX-Venture Exchange under the symbol ROG. It is aggressively exploring its flagship Yaramoko Project with 3 diamond drills defining the 55 Zone as well as reverse circulation drilling is ongoing to test satellite targets in the vicinity of the 55 Zone.

ON BEHALF OF THE BOARD OF DIRECTORS

ROXGOLD INC.

Robert Sibthorpe, B.Sc.(Geology), M.B.A., President & CEO

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

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