Continental Gold Limited announced the appointment of Mr. Donald (Don) Gray as Chief Operating Officer of the company, effective February 23, 2015. He will be headquartered out of the Company's office in Medellín, Colombia. In addition, the Company announced that Mark Moseley-Williams, President and Chief Operating Officer, will be stepping down immediately as a senior officer of the Company for personal reasons, but will continue to provide consulting services through a transition period.

Gustavo Koch, Executive Vice-President, has been appointed Interim President of the Company's Colombian branch. Most recently, Mr. Gray was Vice-President, Operations for Tahoe Resources Inc.