San Gold Corporation announced that its Board of Directors has appointed Chief Financial Officer Gestur Kristjansson as the company's acting Chief Executive Officer. Mr. Kristjansson replaces Ian Berzins, who has served as President and Chief Executive Officer of the company since March 2013 and as Chief Operating Officer since May 2008. Mr. Kristjansson joined San Gold in December 2006 as Vice-President, Finance.

He has extensive previous public company experience and has held executive management positions with real estate investment funds and capital corporations. While Mr. Kristjansson serves as the acting Chief Executive Officer, Mandeep Rai, the Corporate Controller of the company, will serve as acting Chief Financial Officer.