Steppe Gold Ltd. announced the appointment of Mr. Batkhuu Budnyam to the Company’s Board as a Director. Mr. Budnyam is a successful entrepreneur and financial expert who has extensive experience in the banking and finance sectors in Mongolia. Until recently, Mr. Budnyam served as Advisor to Chinggis Khaan Bank. Prior to joining Chinggis Khaan Bank, Mr. Budnyam was Managing Director of Organic Solutions Mongolia LLC and previously to that was Managing Director of MFS Capital LLC. Mr. Budnyam is a Mongolian national and speaks fluent English, Russian and German.