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CB Gold Inc. Grants Stock Options

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/24/14 -- CB Gold Inc. (TSX VENTURE:CBJ) ("CB Gold" or the "Company") has granted stock options exercisable to purchase in aggregate to 550,000 common shares in the capital of the Company. 500,000 options were granted to a new Director of the Company (see news release dated March 24, 2014) and 50,000 to a key consultant. The stock options have been issued under the Company's Stock Option Plan with an exercise price of $0.13 and are exercisable for a period of five years, subject to TSX Venture Exchange approval.

About CB Gold Inc.:

CB Gold is a mineral exploration company headquartered in Vancouver, British Columbia. CB Gold, through its wholly-owned subsidiary, Leyhat Colombia Sucursal, is actively pursuing the exploration and development of mineral properties in the Republic of Colombia. The Vetas Gold Project consists of a number of existing mines (operations currently suspended) and exploration concessions.

Cautionary Note Regarding Forward-Looking Statements

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 news release.

The securities of CB Gold described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Some of the statements contained in this release are forward-looking statements, such as the expected use of proceeds and estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

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