Buccaneer Gold Announces Results of Shareholders' Meeting

Toronto, Ontario -- (Newsfile Corp. - March 12, 2013) - Buccaneer Gold Corp. (TSXV: BGG) ("Buccaneer" or the "Company") announces the following results of its Annual and Special Shareholders' Meeting (the "ASM") held on March 11, 2013.


Election of Directors

Paul Zyla, Kevin C. Swanborough, Lucy Casacia, Richard W. Grayston and Blaine Schmidt were re-elected directors of the Company at the ASM to hold office for the ensuing year.


Stock Option Plan

The Company's 10% rolling stock option plan was approved by its shareholders at the ASM, subject to final acceptance for filing by the TSX Venture Exchange.


Appointment of Officers

Subsequent to the ASM, the following officers were re-appointed by the board of directors of the Company:

Paul Zyla ... President and Chief Executive Officer
Kevin C. Swanborough ... Chief Financial Officer
Peter Minuk ... Corporate Secretary
Dr. Guy Della Valle ... Vice-President, Exploration


About Buccaneer

Buccaneer is a mineral exploration company whose long-term objective is to build a diversified company focused on the acquisition, exploration and development of mineral properties. Additional information about the Company is available on SEDAR at www.sedar.com.


Cautionary Statement

This news release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed this news release and neither accepts responsibility for the adequacy or accuracy of this news release.



For further information, please contact

Buccaneer Gold Corp.
Paul Zyla, President and Chief Executive Officer
Kevin Swanborough, Chief Financial Officer
416 366-4227
info@buccaneergold.com