Cassidy Gold Corp. : Enters Into Agreement for Corporate Advisory Services

Thu Jul 4, 2013
Cassidy Gold Corp. Enters Into Agreement for Corporate Advisory Services

Cassidy Gold Corp. ("Cassidy") announces that it has entered into a letter agreement with RFC Ambrian Limited of Perth, Western Australia, pursuant to which RFC Ambrian will assist Cassidy in a corporate advisory role focused on fast-tracking the development of the Kouroussa mine. Pursuant to the letter agreement, RFC Ambrian will perform the services outlined in the agreement for a fee of A$40,000 per month. The fee is payable at the election of Cassidy in either cash or by common shares, subject to acceptance of the terms of the share issuance by the TSX Venture Exchange. Additional fees are payable by Cassidy to RFC Ambrian pursuant to the terms of the letter agreement in the event a transaction is completed as a result of RFC Ambrian's involvement.

About Cassidy

Cassidy Gold Corp. is a gold exploration and development company listed on the TSX Venture Exchange (symbol CDX). Cassidy's principal asset is its 100% owned interest, subject to a 15% state participation, in the Kouroussa Gold Exploitation License and the surrounding gold exploration concessions in Guinea, West Africa. Cassidy's mission is to fast-track the development of the Kouroussa mine.

For additional information, please contact:

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

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.