Cassidy Gold Corp. ('Cassidy') announces that effective March 8, 2016, the TSX Venture Exchange suspended trading in Cassidy's securities as a result of a cease trade order issued by the British Columbia Securities Commission for failure by Cassidy to file annual audited financial statements and Management's Discussion & Analysis for its year ended October 31, 2015. Reinstatement to trading can occur only when the cease trade order has been revoked and the Exchange has concluded a reinstatement review to ensure Cassidy has satisfactorily complied with Exchange requirements.

About Cassidy Gold Corp.

Cassidy is a Canadian mineral development company focused on gold discovery & development in the Republic of Guinea, West Africa. Cassidy is listed on the TSX Venture Exchange under the symbol 'CDX'. Cassidy owns a 100% interest, subject to a 15% state participation, in the Kouroussa Gold Project in the Republic of Guinea, which was placed on care and maintenance in February 2016, due to technical issues that have arisen over the past several months. The project will remain non-operational while a series of test-work and studies are completed. Cassidy is implementing significant cost saving measures during this time.

For additional information, please contact:

James T. Gillis, President
Telephone: (250) 372-8222

This news release contains certain statements that may be deemed 'forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although Cassidy Gold Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Cassidy Gold Corp.'s management on the date the statements are made. Except as required by law, Cassidy Gold Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cassidy Gold Corp. issued this content on 11 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 March 2016 22:41:14 UTC

Original Document: http://www.cassidygold.com/s/NewsReleases.asp?ReportID=742472&_Type=News-Releases&_Title=Cassidy-Gold-Corp.-Announces-Suspension-of-Trading