Roxgold Inc. proposed the appointment of Brett Richards as New CEO Effective after the AGM, to be held on September 25, 2012. Mr. Brett Richards has agreed to serve as the new Chief Executive Officer of the company, effective on the date of the meeting and subject to being formally appointed by the new board. Mr. Richards will work closely with the existing board and management team in the coming weeks to ensure an immediate and seamless transition to the position of Chief Executive Officer after the meeting.

As part of his new role, Mr. Richards will immediately engage in a dialogue with current shareholders and stakeholders. Appointment of Robert Sibthorpe as Vice President of Exploration when Mr. Richards becomes CEO. The company also announced for election of Mr. Peter R. Jones - Director nominee and proposed Chairman of the board, Mr. Brett Richards - Director nominee, Mr. John L. Knowles - Director nominee and Mr. Gordon Pridham - Director nominee.