Colossus Minerals Inc. announced that David Massola has been appointed as the Company's Interim Chief Executive Officer effective November 15, 2013. Mr. Massola has over 30 years of experience in the mining industry and has held a broad range of executive and management positions in Canada, Chile and the United States. Mr. Massola was President and Chief Executive Officer of Continental Nickel Limited from 2011 until it was acquired by IMX Resources Limited in 2012.

Mr. Massola served as Chief Financial Officer and Senior Vice President of Globestar Mining Corp. from 2006 until it was acquired by Perilya Limited in 2011. Mr. Claudio Mancuso resigned as an officer of the Company on November 15, 2013.