Thu Jan 23, 2014
Cassidy Gold Corp. Announces $300,000 Debenture Financing

Cassidy Gold Corp. ("Cassidy") announces that, subject to acceptance by the TSX Venture Exchange, it proposes borrowing $300,000 from an existing shareholder of Cassidy. The loan will bear interest at 10% per annum and is payable on maturity of the loan, 12 months from the date of advance of funds. Cassidy will use the loan proceeds for general corporate purposes. Cassidy may repay the loan (principal and interest) in whole or in part prior to maturity without notice, bonus or penalty, at its sole discretion.

Subject to acceptance by the TSX Venture Exchange, Cassidy proposes issuing to the lender 1,200,000 common shares as a bonus in accordance with the policies of the Exchange.

Shares issued by Cassidy to the lender as a bonus will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities legislation and the policies of the Exchange.

For additional information, please contact:

James T. Gillis, Director
Telephone: (250) 574-5011

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

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.
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