Mr. David Netherway reports

KILO ANNOUNCES APPOINTMENT OF NEW INTERIM CEO

Kilo Goldmines Ltd. has appointed Michael Skead as interim president and chief executive officer of the company.

Mr. Skead will take up his appointment on Oct. 8, 2014, and will be replacing Alex van Hoeken, who has resigned from his role as chief executive officer and director. This appointment is subject to regulatory approval.

Mr. Skead is the vice-president project evaluation with Dundee Resources Ltd. and is a professional geologist with over 25 years of experience in exploration and project evaluation, with particular emphasis in the east and central Africa regions. As it relates to his appointment to Kilo, Mr. Skead has significant experience in the Democratic Republic of the Congo (DRC) where, from 2004 to 2007, he served as the vice-president of exploration for Banro Corp. During his tenure at Banro, Mr. Skead oversaw the evaluation of the Twangiza and Namoya projects.

Mr. Skead will be assisted in the DRC by the company's strong in-country team currently working on the company's projects.

David Netherway, chairman of Kilo, commented: "We are extremely pleased to welcome Michael as interim CEO. He brings with him a wealth of worldwide geological knowledge and has excellent experience of working in the DRC.

"On behalf of the board, I would also like to thank Alex for his dedication and hard work over the last three years and wish him well for the future."

We seek Safe Harbor.