ESGold Corp. welcome Mr. Christopher Stewart to its Board of Directors. Chris is a Professional Engineer with over 30 years of management, operational and technical experience in the mining industry.

He has worked for the first 14 years of his career with DMC Mining building, expanding and operating various mine operations across Canada and the USA and for the past 15 years, he has worked for several mining companies. Chris holds a Bachelor of Science in Mining Engineering from Queen's University. Prior to joining Minto Exploration, Chris was President & COO for McEwen Mining, a precious metals producer with operations in Canada, USA, Mexico and Argentina.

Prior to that he held various senior roles including President & CEO for Treasury Metals, Vice President of Operations for Kirkland Lake Gold, President & CEO of Liberty Mines, BHP Billiton, Lake Shore Gold Corporation and DMC Mining Services. Management takes this opportunity to thank former board member Mr. Vikas Ranjan for his contribution and service to the company and wishes him the best of luck in his future endeavors. The Company has granted to the new director and other consultants a total of 1,750,000 options exercisable at $0.085 per share, vesting quarterly, and a total of 546,875 restricted share units.

All securities issued in connection with the grants will be subject to a statutory hold period expiring in accordance with applicable securities legislation.