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Castle Gold Corporation

Published : July 02nd, 2008

Appoints New Chief Financial Officer and Manager of Investor and Public Relations

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Wednesday, July 02, 2008  


 
 
 


Castle Gold Appoints New Chief Financial Officer and Manager of Investor and Public Relations


Vancouver, BC, July 2, 2008 - Castle Gold Corporation ("Castle Gold" or the "Company") (TSX-V CSG) is pleased to announce the appointment of Mrs. Janet O'Donnell as Chief Financial Officer (CFO) of the Company and Mr. Rory Quinn as Manager Investor and Public Relations.

Mrs. O'Donnell was most recently CFO of a Canadian manufacturing company with domestic manufacturing facilities and subsidiary offices in Latin America with international sales of consumable products exclusively to the mining industry. She was employed with the company for 22 years holding various positions in the accounting and finance fields leading-up to a 3 year period as the company's CFO. During her tenure, and particularly while employed as the company's CFO, Mrs. O'Donnell was an integral part of the team that took the company public as an income trust in 2005 and assisted in raising $75 million in equity capital coincident with the initial public offering (IPO). Due to the regulatory changes to the income trust sector, the company of which Mrs. O'Donnell was employed was sold to a private equity group in 2007.

Mr. Quinn was most recently an Investor Relations Account Manager at Ascenta Capital (a full service Investor Relations and finance firm located in Vancouver) where managed accounts included Crowflight Minerals under Mr. Atkins and for Golden Band Resources. Prior to that Mr. Quinn worked for Gillette Company (now Proctor & Gamble) for over 7 years where he held progressively more responsible roles in sales and marketing. Rory brings numerous buy and sell side contacts in addition to several relationships in the financial community to his new role with Castle Gold.

Thomas Atkins, President and CEO of Castle Gold, commented on the appointments stating: "Castle Gold is pleased to be working with Janet and Rory. I am confident that Janet's years of experience in all facets of financial accounting, control and as the CFO of a public company provide the skills and experience the Company is seeking. Similarly, we're pleased to have Rory join the team and welcome his enthusiasm and experience to the role of Investor Relations. On behalf of the Castle Gold management team and the board of directors of the Company I'd like to welcome Janet and Rory to Castle Gold and look forward to working with them and to their contributions going forward."

Both Mrs. O'Donnell and Mr. Quinn will report to the Company's Toronto office. Mr. Michael O'Connor, current Manager of Investor Relations for Castle Gold in Vancouver will remain with the Company until the end of July to facilitate the transfer of investor relations responsibilities to Mr. Quinn.

Mrs. O'Donnell has been granted 240,000 options to acquire common shares of the Company at an exercise price of $0.50 per common share, Mr. Quinn has been granted 168,000 options to acquire common shares of the Company at an exercise price of $0.50 per common share. Options vest on a quarterly basis over 12 quarters; 20,000 options per quarter and 14,000 options quarterly for each of Mrs O'Donnell and Mr. Quinn, respectively.

About Castle Gold

Castle Gold Corporation is a growth focused gold producer currently expanding gold production within the America's. Castle Gold owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold project in Mexico and at its El Sastre, El Arenal, Bridge and Lupita Projects in Guatemala.

For further information please contact:

Thomas Atkins
President and CEO,
or
Rory Quinn
Manager Investor and Public Relations
Tel: 1-416-214-4809

or by fax, 416 366-7421, email, info@castlegoldcorp.com or visit our website, www.castlegoldcorp.com.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
 

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Castle Gold Corporation

PRODUCER
CODE : CSG.V
ISIN : CA22122T1030
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Castle Gold Corp. is a gold producing company based in Canada.

Castle Gold Corp. produces gold, silver in Guatemala and in Mexico.

Its main assets in production are EL SASTRE GOLD MINE, EL SASTRE, EL SASTRE - EL ARENAL, EL SASTRE BRIDGE ZONE and EL SASTRE - LUPITA ZONE in Guatemala and EL CASTILLO MINE in Mexico and its main exploration property is LA FORTUNA DURANGO in Mexico.

Castle Gold Corp. is listed in Canada and in United States of America. Its market capitalisation is CA$ 776 300 as of today (US$ 596 819, € 545 553).

Its stock quote reached its highest recent level on January 18, 2008 at CA$ 0.75, and its lowest recent point on July 30, 2015 at CA$ 0.01.

Castle Gold Corp. has 77 630 000 shares outstanding.

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Annual reports of Castle Gold Corporation
Annual Report 2007
Financings of Castle Gold Corporation
6/25/2014Cosigo announces non-brokered private placement
Nominations of Castle Gold Corporation
11/24/2014Cosigo announces resignation of two directors
7/2/2008Appoints New Chief Financial Officer and Manager of Investor...
Financials of Castle Gold Corporation
11/25/2009Reports Third Quarter 2009 Operating and Financial Results
8/26/2009Reports Second Quarter 2009 Operating and Financial Results
1/23/2009(El Castillo Mine)Increase in Fourth Quarter 2008 Production
11/27/2008Third Quarter Financial Results
6/20/2008Files Q1-2008 Financial Statements Indicating First Quarter ...
6/13/2008Filing Of First Quarter Financial Statements Delayed Cease T...
9/7/2007Records Strong Second Quarter Results: Cash Costs Fall To $1...
Project news of Castle Gold Corporation
11/9/2009(La Fortuna Durango)Reports Up to 39 Grams Per Tonne Gold and Up to 1,500 Grams ...
10/21/2009(El Castillo Mine)Q3-2009 Operating Performance-El Castillo Gold Production In...
7/21/2009(El Castillo Mine)Operation of Remaining New Equipment Fleet at El Castillo Mi...
6/9/2009(El Castillo Mine)Intersects 42,7 Metres Grading 0,7 Grams Per Tonne Gold as P...
5/21/2009(El Castillo Mine)Intersects 109.7 Metres Grading 0.7 Grams Per Tonne Gold
3/2/2009(El Castillo Mine)Commences Drill Program to Test Gold Resource Expansion Pote...
2/24/2009(El Castillo Mine)625,000 Ounce Transition/Sulphide Zone Gold Resource Below E...
12/2/2008(La Fortuna Durango)Completes Phase 1 of Metallurgical Studies for La Fortuna Pr...
11/12/2008(La Fortuna Durango)43-101 Technical Report
8/20/2008(El Castillo Mine)Reports Enhanced Resources And Reserves And Resulting Increa...
8/11/2008(El Castillo Mine)Attains Commercial Production At Its El Castillo Gold Mine...
1/16/2008(La Fortuna Durango)Commences Drilling at La Fortuna Gold Project
1/10/2008(El Castillo Mine)Updates Progress at Castillo Mine
Corporate news of Castle Gold Corporation
8/3/2015Cosigo Requests NEX Listing
7/6/2015Cosigo Appoints Officers
5/11/2015IIROC Trading Halt - CSG
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2/23/2015Cosigo Board and Management Resign
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7/31/2014Cosigo Resources Ltd. - President's Update
2/4/2014Cosigo reports further gold-bearing intercepts at Machado
12/20/2013Cosigo intersects gold in initial two drill holes at Machado
12/9/2013Cosigo adds Romero as Colombia Business Advisor
6/18/2013Cosigo Resources Ltd. Closes $1,113,775 Private Placement
5/21/2013Cosigo Resources announces non-brokered private placement
12/30/2009Over 90% of Castle Gold Shares Tenderedto Argonaut Offer-Arg...
12/15/2009Reminds Shareholders to Tender to Argonaut Gold Cash Offer
11/24/2009Provides an Update on Argonaut Gold Cash Offer
11/18/2009Closes Financing & Provides Up
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10/28/2009Argonaut Gold Seeks to Acquire Castle Gold for a Minimum of ...
7/16/2009Provides Update on Strategic Alternative Review Process
6/18/2009Provides Update on Strategic Alternative Review Process
5/28/2009Reports Record Quarterly Gold Production and $0=2E01 Per Sha...
3/2/2009Committee Update and Shareholder Rights Plan
11/5/2008Announces Stock Repurchase Program
9/30/2008(CSG) at Toronto Cambridge Resource Investor Conference Oct...
9/26/2008Provides Update on Corporate Restructuring Initiatives
9/10/2008Announces Change to Its Board of Directors
7/4/2008Announces Results of Annual General Meeting
9/27/2007Sells First El Castillo Gold At Us $715 Per Ounce
9/17/2007Announces Early Exercise Warrant Incentive Amendment
9/11/2007 presenting at the 2007 Annual Resource Investors Forum in S...
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