|By Marketwired .||
|May 26, 2014 04:01 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 05/26/14 -- Mahdia Gold Corp. (the "Company") (CNSX:MGD) announces the resignation of Andre Douchane as CEO, President and Director and appointment of Donald Gordon as Interim CEO.
The board wishes to thank Mr. Douchane for his service since being appointed in March 2013 and is pleased to have Mr. Gordon accept the Interim CEO position. He has been a Director since December 2012 and previously served as Interim CEO prior to Mr. Douchane's appointment.
All other positions on the board remain unchanged and the Company is continuing to focus on its alluvial gold production and pursue financing to expand production and maintain its payment obligations to the Guyana government in good standing.
About Mahdia Gold Corp.
Mahdia is a Canadian-based gold exploration company with active gold prospects in Guyana, South America.
Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Mahdia Gold Corp.
Mahdia Gold Corp.
Director, Qualified Person
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