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Cielo Gold Corp
Symbol CMC
Shares Issued 21,583,373
Close 2013-06-04 C$ 0.25
Market Cap C$ 5,395,843
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ORIGINAL: Cielo directors Janda, Bal and Hawkins resign

2013-06-12 18:18 ET - News Release

Received by email:

File: Cielo announces New Board - June 12, 2013.pdf

                                              NEWS RELEASE



                               CIELO ANNOUNCES NEW BOARD


SURREY, British Columbia, Canada / June 12, 2013/ CNSX:CMC/ Cielo Gold Corp. ("Cielo Gold" or the
"Company") announces the resignation of Lucky Janda as Director and Chairman of the Board. Don Allan,
President and CEO, has accepted the Chairman's position. Mr. Jatinder (Jack) Bal and Greg Hawkins have also
resigned from the board, effective immediately.
Don Allan, President and CEO of Cielo said "It has been a pleasure to work closely with Lucky, Jack and Greg who
have worked very hard to help Cielo move towards its goals and comply with continuous disclosure issues. We wish
Lucky and Jack all the best in his future."
The Corporation is further pleased to announce the appointment of three new directors. The first appointee is the Hon.
Doug Lewis. The Hon. Lewis practices corporate and commercial law and is a former MP and Cabinet Minister,
serving as Attorney General, Minister of Transport and Solicitor General. He is a former Bencher of the Law Society
of Upper Canada, and currently serves as Chair of the Audit Committee of the Attorney General of Canada.
The second appointee is Mr. Doug MacKenzie. Mr. MacKenzie is a former oil industry executive and has over 20
years' experience as a senior executive, strategist and innovator in the ethanol and biofuels industry. Mr.
MacKenzie is presently the CEO, President of Permolex International and is Director of Alberta Innovates-Bio
solutions, as well as Chairman of Governance Committee and member of the Audit Committee. He has been
involved extensively in community volunteer activities. His education includes MBA (York), Management Science
(Stanford) and Bachelor Science in Engineering Physics (U of Alberta, with Distinction
The third appointee is Mr. James G. Chepyah. Mr. Chepyha is VP of Chrysalix Energy Venture Capital. Mr. Chepyha
brings 20 years of corporate finance experience in the energy industry with him. Most recently, he was responsible for
establishing and managing Goldman Sachs' principal investing in the Canadian energy sector and prior to that, he built
and managed Union Bank of California's Canadian operations, including portfolio development. Mr. Chepyha has
worked for both domestic and foreign financial institutions in Canada with a focus on corporate, debt, equity, and
structured finance. He now heads Chrysalix's Alberta investment focus contributing to the firm's mission to help
"clean up" traditional hydrocarbon methods. Mr. Chepyha has a Bachelor of Commerce (with Honours) from the
University of Saskatchewan and an MBA from the Schulich School of Business at York University in Toronto.
 Don Allan, President and CEO of Cielo states "It is an utmost pleasure to have the opportunity to be able to work
with the new appointees, as they bring vast levels of experience to Cielo and offer expertise in different areas."


ON BEHALF OF THE BOARD

"Don Allan"
Don Allan,
CEO & President
Tel: (403) 340-1542 ext. 224
Fax: (403) 343-3572
E-mail: donallan@blue-horizon.ca


Certain statements contained in this release may constitute "forward�looking statements" or "forward-looking informati
--->on" (collectively
"forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and sim
--->ilar Canadian laws.
These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect
--->", "believe", "will",
"projected", "estimated", "anticipates" and similar expressions and statements relating to matters that are not histor
--->ical facts are intended
to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome
---> and timing of such
future events. Actual future results may differ materially. In particular, this release contains forward-looking infor
--->mation relating to the
business of the Company, the Property, financing and certain corporate changes. The forward-looking information contai
--->ned in this release is
made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, wheth
--->er as a result of
new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, u
--->ncertainties and
assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing 
--->statements expressly
qualify any forward-looking information contained herein.

These securities have not and will not be registered under United States federal or state securities laws and may not 
--->be offered or sold in the
United States or to a U.S. Person unless so registered, or an exemption from registration is relied upon. This news re
--->lease does not constitute an
offer of securities for sale in the United States.




CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news rele
--->ase
 


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