ANNOUNCEMENT

Update 23rd December 2013: Brisbane, Australia - Citigold Corporation Limited

("Citigold" or "Company") (ASX:CTO, FSE:CHP).
Citgold is pleased to announce that it is going to established a share sale facility for holders of unmarketable parcels of the Company's shares.
This sale of unmarketable parcels, defined by the Australian Securities Exchange ('ASX') Listing Rules, as being shareholdings with a value less than $500 on the, to be advised, record date.
On the share register these small holdings may include shareholders who would like the holding sold free of the usual relatively high cost of one off sales of small parcels of shares, are 'lost' shareholders whose mailings are often returned or legacy holdings from the past. These numerous small share holdings present a significant annual cost to maintain and this cost is sometimes more than the value of the shareholding.
Citigold will be writing to all these shareholders in the new year with full details.
As outlined in the Update of 12 November 2013 the Express-Link funding due in October 2013 has been agreed to be delayed until early 2014.
For further information contact: Mark Lynch
Chairman mlynch@citigold.com Citigold Corporation Limited

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