Alerio Gold Corp. announced that Mr. Allan Fabbro will assume the position of Chief Executive Officer ("CEO"). Due to time constraints Mr. Jonathan Challis will step down as CEO but will remain as an active director.

The rest of the board remains the same. Al Fabbro Bio: From 1984 to 1990, Mr. Fabbro headed the retail trading department of Yorkton Securities, followed by six years with Yorkton's Natural Resources Group. After working for 10 years as an investment advisor with Canaccord Capital, specializing in the natural resource sector, Mr. Fabbro left to become Lead Director of Roxgold Inc. which was named the top company on the TSX Venture 50 and raised in excess of $60 million in equity financing during his tenure.