Minsud Resources Corp. announced that Carlos Massa has resigned as President, Chief Executive Officer and a Director of the Company. Alberto F. Orcoyen, a Director of the Company, has been appointed as the President and Chief Executive Officer of the Company.

Alberto F. Orcoyen has resigned as Chairman of the Company and has been replaced by Carlos A. Adamo. In addition, Diego Perazzo has resigned as a Director of the Company. Agustin Dranovsky and Pablo Taussig have been appointed, subject to the approval of the TSX Venture Exchange, to fill the vacancies on the board created by the resignations of Carlos Massa and Diego Perazzo.

Agustin Dranovsky is the CEO of Compañía de Tierras Sud Argentino S.A. He is also member of the Board of Directors of the Hillel Argentina Foundation. Pablo Taussig has 25 years of experience in financial services with Spencer Stuart. He manages the firm's Buenos Aires office and is a member of the firm's Consumer and Financial Services practices.

Before joining the firm, Pablo worked for Merchant Bankers Asociados (MBA), where he was managing director and head of the asset management group.