Core Gold Inc. announced that its Board of Directors has terminated for cause, the consulting agreement of the company's President & CEO, Mr. Keith Piggott, and has removed him as President & CEO effective immediately. Mr. Piggott had been previously put on notice by the Board of Directors. Mr. Mark Bailey, a current Director of Core Gold, has agreed to act, and has been appointed by the Board of Directors, as Interim CEO.

Mr. Piggott remains a Director of the company. The board will provide an update in due course regarding the full-time position of a new CEO. As previously announced on February 24, 2019, the Company is merging with Titan Minerals Ltd. and it is expected that upon closing of the transaction that Mr. Laurie Marsland will become the new Managing Director, CEO and Director of the combined entity.