UrbanGold Minerals Inc. announced that Mathieu Stephens P Geo., President and CEO of the Corporation, has requested a temporary reduction of his duties to focus on personal matters and advance key Troilus-Frotet area exploration. During this temporary period, Jens Hansen P. Eng, the founder of Urbangold, has agreed to undertake the President and CEO functions. Mr. Hansen will receive assistance on specific matters from Urbangold board members.