Algold Grants Options to Officer

algold

ALGOLD RESOURCES LTD. (TSXV:ALG – the “Corporation”) announces that, as part of its compensation program, the Corporation has granted 2,500,000 Options to an officer at a price of $0.20 each. These options vested immediately, and have an exercise period of 10 years.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ABOUT ALGOLD

Algold Resources Ltd is focused on the exploration and development of gold deposits in West Africa. The board of directors and management team are seasoned resource industry professionals with extensive experience in the exploration and development of world-class gold projects in Africa.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Algold Resources Ltd.

1320, boul. Graham, bureau 132, Mont-Royal, Quebec, H3P 3C8, www.algold.com

Francois Auclair M.Sc., PGeo Alex Ball

President & Chief Executive Officer Executive VP, Finance and Corporate Development

f.auclair@algold.com a.ball@algold.com

+1 (514) 889 5089 +1 (647) 919 2227

Click here to connect with Algold Resources  (TSXV:ALG) to receive an Investor Presentation.

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