Simba Gold Corp.
TSX VENTURE : SGD

Simba Gold Corp.

May 05, 2011 20:09 ET

Simba Gold Corp. Announces Change of Auditor

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 5, 2011) - Simba Gold Corp. (TSX VENTURE:SGD) ("Simba" or the "Company") announces that, effective May 3, 2011, it has changed auditors.

The Company has accepted the resignation of I. Vellmer Inc. ("I.V") as auditor of the Company and has appointed BDO Canada LLP ("BDO") as its successor. There were no reservations in I.V's reports for the two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report was issued preceding the date of I.V's resignation. There were also no reportable events between the Company and I.V or between the Company and BDO.

The audit committee and board of directors of the Company have approved the appointment of BDO as successor auditor. In accordance with NI 51-102, a notice of change of auditor, together with the required letters from the auditor and the successor auditor have been filed on SEDAR.

About Simba Gold Corp.

Simba is an African-focused gold exploration company with an option to acquire a company that owns gold exploration rights within the Gicumbi, Burera, Rusizi and Nyamasheke Districts, and nickel exploration rights within the Kirehe District of the Republic of Rwanda. Simba's principal property is the Miyove Gold Project located in the Gicumbi and Burera Districts.
For additional information on the Company, please contact Mr. Peter Miles, President and Chief Executive Officer at 604-408-6680 or by email at info@simbagoldcorp.com.

Neither TSX Venture Exchange nor its Regulations 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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