Gold and GemStone Mining Inc. announced that on November 1, 2013, Charmaine King has resigned as Director, President and CEO of the company it will remain responsible as Chief Financial officer of the company. On November 1, 2013, Rafael A Pinedo was appointed president, chief executive officer, director and secretary. Board of directors now consists of Mr. Rafael A Pinedo as the sole director of company.

Mr. Pinedo, has over 22 years of experience in the areas of consulting and business transformation. Mr. Pinedo has served as president and chief executive officer of Pilgrim Petroleum Corporation. He has also served as president and director of engineering and operations, for Chancery Resources, Ind.

Corp. Mr. Pinedo also serves as a director of CB Resources Ltd.