True Gold Mining Inc.
TSX VENTURE : TGM

True Gold Mining Inc.

October 26, 2015 18:25 ET

True Gold Appoints Peter Hardie as Chief Financial Officer

Augments African Operational Mining Experience

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 26, 2015) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to announce that Peter Hardie has been appointed as the Company's Chief Financial Officer ("CFO"), effective November 2, 2015.

Peter joins True Gold from Nevsun Resources Ltd., a gold-copper-zinc company with a flagship mine in Eritrea, East Africa, where he served as Vice President, Finance and as Chief Financial Officer. He brings a unique skillset to True Gold, having led the finance team at Nevsun as it grew from a junior developer to a producer. He was involved in the financing, construction and mine start-up, operations, government negotiations, and led all areas of finance, including treasury systems and reporting. Peter is also fluent in French and has West African experience from when Nevsun built and operated the Tabakoto mine in Mali.

"We are excited to have Peter join our strengthened team as Chief Financial Officer and we are delighted to be able to attract someone with Peter's hands-on operational experience and skills to True Gold. As we transition into a gold producer, we feel it's important to continue to build upon the operational and African mining experience, and French language skills, within the corporate team. Peter will play a key role in achieving our goal of building a mid-tier producer," stated Christian Milau, CEO of True Gold.

Peter stated, "True Gold is well positioned for future growth under its strong leadership. I'm excited to join the team and be a part of the Company's next chapter."

Peter Hardie replaces Ryan Torvik as CFO, who has been with the company since the pre-feasibility stage at Karma. "Ryan has been an integral part of the True Gold team since its early days, and has helped advance Karma through its development stage to where it is today. We thank Ryan for his hard work and wish him well in his future endeavours."

About True Gold

True Gold Mining Inc. is where gold comes to life. We are committed to growing a successful gold production company, by focusing on projects with low costs, low technical risks and solid economics. The Company's board, management and technical teams have proven track records in gold exploration, development, and production worldwide.

Additional information about the Company and its activities may be found on the Company's website at www.truegoldmining.com and under the Company's profile at www.sedar.com.

ON BEHALF OF THE BOARD

Christian Milau, President & CEO

Neither the 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.

Except for statements of historical fact relating to True Gold, certain information contained herein constitutes "forward-looking statements". The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in True Gold's public filings, which may be accessed at www.sedar.com. Other than as specifically required by law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, results or otherwise.

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