Maya Gold & Silver Inc. announced the resignation of Mr. Guy Goulet, Geological Engineer, Chief Executive Officer, who has decided to pursue other activities in the resource sector. Mr. Goulet remains on the board of directors of the corporation. The board acknowledges the resignation, effective March 8, 2017.

In the interim, the board asked Mr. R Martin Wong CPA, CA to assume the position of interim CEO, until a successor to Mr. Goulet is appointed. Mr. Wong, has been a director of the corporation since 2008, and a member of various board committees over the period. Mr. Wong is an experienced financier and will ensure a continuity of all administrative, financial and regulatory activities of the Corporation.

In addition, he will work closely with the Corporation President, Mr. Noureddine Mokaddem. Noureddine Mokaddem will continue to lead the Corporation operations and the development strategy of the on-going projects in the Zgounder and Boumadine mines. The board also welcomes Mr. Robert Taub as a Non-Executive Board Member to its board of directors.