Mr. Roger Walsh reports

RAPIER GOLD APPOINTS TWO NEW DIRECTORS

Rapier Gold Inc. has appointed Daryl Hodges and Claude Oberson as directors of the company.

Mr. Hodges is a geologist with more than 35 years experience in mining and mining finance, having worked on exploration and development projects in Canada, Russia, Scandinavia and Southeast Asia. Mr. Hodges was a founding partner of Jennings Capital Inc. and was responsible for growing its successful mining franchise, originally as an analyst and subsequently as executive director of investment banking. Mr. Hodges served as chief executive officer and president of Jennings Capital Inc. until September, 2013. Prior to joining Jennings Capital, Mr. Hodges worked as both a mining corporate finance executive and mining research analyst at HSBC Securities. Prior roles also included positions of increased responsibility at Falconbridge Ltd. and Texas Gulf Inc. Mr. Hodges is currently executive chairman of Minera IRL.

Mr. Oberson has extensive experience in European and Canadian capital markets, financing companies in the technology, energy and mining sectors for over 30 years. Mr. Oberson's firm acts as an adviser to a number of public companies. He was a founding partner of Blue Lakes Advisors and was previously managing director for BMO Capital Markets in Zurich and Geneva for 10 years. He has extensive relationships with Swiss institutions and individual investors focused on the mining sector.

John Reddick, a founding director of the company, has resigned from the board to enable appointment of one of the additional directors. He will continue as a technical adviser to the company. Mr. Reddick's extensive Timmins camp knowledge and practical experience have been invaluable to the company's work to date.

"We are delighted to have Mr. Hodges and Mr. Oberson join the board and appreciate the significant contribution that Mr. Reddick has made to date. At Falconbridge, Mr. Hodges was part of the team that drilled out the Hoyle Pond project and brings additional technical expertise to Mr. Reddick's knowledge as well as to that of our Timmins geological team, who also worked on the deep drilling program at Hoyle Pond," commented Roger Walsh, president and chief executive officer. "The significant high-grade exploration results being achieved by Lakeshore Gold at 144 Gap zone, east of Pen gold project, the recent acquisition by Goldcorp of Probe Mines' Borden gold project west of Pen gold project and recent observations by the OGS, highlight the significant prospectivity of this new geological region and the strategic importance of the company's large land position."

The company has granted 400,000 options to the new directors exercisable at of 15 cents.

Last week, the company received the data from the 922-line-kilometre magnetic gradiometer survey flown by Scott Hogg & Associates over the northern portion of the Pen gold project. The company's technical team is now completing interpretation work on the data to determine its exploration program for the summer field season.

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