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Canyon Gold Corp.: Appoints Alexander S. Romanchuk to the Board of Directors

26.08.2014  |  Newsfile
Las Vegas -- (Newsfile - August 26, 2014) - Canyon Gold Corp. (OTCQB: CGCC) (The Company) is pleased to announce the appointment of Alexander S. Romanchuk, B.A., LL.B. (Retired) of Edmonton AB to the Board of Directors of the Company.

In addition to the position of Director on Company's Board of Directors, Mr. Romanchuk will serve as a member on the Advisory Board of Long Canyon Gold Resources Corp. a wholly owned subsidiary of the Company with substantial gold claims in Elko County, State of Nevada.

"We are very pleased to have Mr. Romanchuk join the CanyonGold/Long Canyon Gold Resources Team. His expertise and wide ranging contacts in the Financial Industry is a tremendous asset to the Company", says President Blewett, supported by Mr. Studdert President of Long Canyon Gold Resources Corp.

Mr. Alexander S. Romanchuk Completed a Bachelor of Arts and a Bachelor of laws at the University of Saskatchewan then began a long career in the private practice of law in the Province of Alberta and British Columbia. Mr. Romanchuk brings a wide range of business skills to the table, having served as an alderman then Mayor of Grande Prairie Alberta during its rapid growth. In later years he acted as Vice President of AltaRose Construction Ltd. Managing the in house sales and all conveyancing. Mr. Romanchuk speaks English, Ukrainian and passable French. With his many years in private practice and his community involvement he brings valuable business expertise to the Board of Canyon Gold.

Mr. Romanchuk is instrumental assisting the Company with funding and acquisitions of mineral claims


THE COMPANY'S BUSINESS:

The Company has two wholly owned subsidiaries - Long Canyon Gold Resources Corp. and Marshall Thomsen Ltd.

Long Canyon Gold Resources Corp. 'LCGRC' (a wholly owned subsidiary).

LCGRC owns and or controls through certain options a 100% interest in 310 mineral lease claims in the mineral-rich Spruce Ridge area of Nevada. In addition it controls a 100% interest in 180 mineral lease claims in the similarly mineralized Pequop Mountains of the Long Canyon Trend Area of Nevada. These sections are adjacent to the original discovery acquire by Newmont Mining for 2.3 Billion Dollars. It is the company's intention to explore its claims for the same type of target, a large tonnage gold deposit similar to the West Pequop Mountains Long Canyon type of Carlin Type gold deposit.

LCGRC has, in addition, signed a letter agreement and is completing negotiations to acquire a 51% interest in up to 5,000 acres of Oil Leases in the state of Utah and Nevada in areas of present drilling activities.

LCGRC is preparing and planning its phase two development program on its substantial Gold claims in Elko County Nevada.

Marshall Thomsen Ltd. 'Marshall Thomsen' (a wholly owned subsidiary).

CanyonGold, to provide increased value to its shareholders, acquired Marshall Thomsen to enter the lucrative cannabis industry and be part of a promising future world trend.

Marshall Thomsen applied to Health Canada for a license as a commercial grower of cannabis under the new regulations issued by Health Canada. We are pleased to confirm that the subsidiary has acquired the right to a 20 acre property in the Fraser Valley of British Columbia where it plans to build a facility of, initially, 90,000 square feet, allowing for future expansion on the site. The initial facility will be capable of producing up to 6 million grams of cannabis per year.

Marshall Thomson concluded the acquisition-agreement of the target property for its Production Center which property is subject to "The Property Zoning Bylaw No.1257" that includes medical marijuana grow-operations.

Marshall Thomsen is in contact with Health Canada and is making good progress in the steps necessary to secure the license.

Visit us at: www.canyongoldexploration.com with a link to Marshall Thomsen


On behalf of the Board of Directors

Delbert G. Blewett, B.S.C.A. LL.B.
President & CEO



Company Contact:

Subsidiary: Long Canyon Gold Res. Corp.
Stephen Studdert, President
1 800 520-9485

Subsidiary: Marshall Thomsen Ltd.
Tom Thomsen, President
1 604 613-1227

Email: cgcc@canyongoldexploration.com




The Company trades on the OTC-BB/QB tier of the OTC market. Investors can find Real-time quotes and market Information for the Company on http://www.otcmarkets.com/stock/CGCC/quote


Forward-Looking Statements: This news release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives or expected results of the Company, are forward-looking statements that involve various risks and uncertainties. Forward looking statements in this news release include that we will carry out an exploration program and exercise our option to lease additional claims. There can be no assurance that such statements will prove to be accurate and actual outcomes and results could materially differ from what is expressed, implied, or forecasted in forward-looking statements. Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; we may not be able to get equipment or labor as we need it; we with may not be able to raise sufficient funds to complete our intended exploration or carry on operations; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company's most recent reports filed with the Securities and Exchange Commission.
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