Mr. John Smyth reports

GRAFTON RESOURCES ANNOUNCES RESIGNATION OF CEO

Jesse Hahn has resigned as a director and the chief executive officer of Grafton Resources Inc. The company thanks Mr. Hahn for his dedication and service over the period of his employment and wishes him the best in his future endeavours.

With the resignation of Mr. Hahn, John Campbell Smyth has been appointed as interim chief executive officer of the company. Also, John Seaman will be joining the company's board of directors and become the audit committee chair.

Mr. Seaman is currently a director of Fitzroy Minerals Inc. Previously, Mr. Seaman was the chief financial officer of Premier Gold Mines from August, 2006, to June, 2012, chief financial officer of Pediment Gold Corp. from April, 2007, to February, 2007, and chief financial officer of Wolfden Resources Inc. from October, 2002, to May, 2007. In addition, Mr. Seaman has been a director and/or officer of various other public companies.