Canadian Gold Corp. announced that the board of directors has appointed Mr. Michael Swistun, CFA, to succeed Ed Huebert as the Company's President. The appointment follows the resignation of Mr. Huebert, who will continue to advise the Company on environmental, permitting and government relations.

Mr. Swistun most recently served as a key advisor to the previous Premier of Manitoba and was Secretary of the Economic Development Board, where he was responsible for attracting and overseeing the development of a number of important investments to the province of Manitoba. Prior to his service in government, Mr. Swistun held senior executive roles with companies in the industrial, aerospace and financial industries. Notably, Mr. Swistun was Director of Acquisitions for Exchange Income Corp.

a Manitoba-based Company that consolidated several aerospace, aviation and manufacturing companies throughout North America. Prior to that, Mr. Swistun worked with Wellington West Capital Inc. in Corporate Finance, a Company whose founders are now leading Wellington-Altus, another successful Manitoba-based wealth management firm. Mr. Swistun has over 30 years of business experience, is a holder of the Chartered Financial Analyst designation and is a graduate of the University of Manitoba's Asper School of Business.