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TomaGold reports on the outcome of its Shareholders Meeting and Grants Options

Montreal, Quebec, May 19, 2015 – TomaGold
Corporation (TSXV: LOT)
(“TomaGold” or the “Corporation”) is pleased to announce the results of its
annual and special meeting of shareholders.

The
shareholders approved, by a majority of vote, the appointment of Raymond Chabot
Grant Thornton LLP as auditors of the Corporation and the stock option plan.
Furthermore, the following five Directors were elected: Mr. Ciro Cucciniello, Mr.
Robert Desjardins, Mr. David Grondin, Mr. Pierre L├ępine and Mr. Vittorio Violo.

The
Corporation proudly welcomed Mr. L├ępine among the members of its team as a
Director. Mr. L├ępine, member of the Order of the Chartered Professional
Accountants, is director of Dynacor Gold Mines Inc. He is also Executive
Vice-President and co-founder of Groupe ABP. He also held the positions of
Director, Investment Private Placement at Caisse de d├ęp├┤t et placement du
Qu├ębec, Vice President Corporate Development at GL&V Inc., where he was
responsible for acquisitions, Vice President Mergers and Acquisitions at
National Bank Financial and Vice President Corporate Finance at PriceWaterhouse.
The strategic guidance that he shall provide will be valuable to the
Corporation in pursuing its objectives.

Finaly,
the Corporation has granted to the directors an aggregate of 1,400,000 stock
options to acquire the same number of common shares of the Company at $0.10 per
share for a period of 10 years.

 

About TomaGold Corporation

TomaGold Corporation is a
Canadian-based mining exploration company whose primary mission is the
acquisition, exploration and development of gold projects in Canada and abroad.
In November 2013, the Corporation
signed an agreement for IAMGOLD to acquire a 50% interest in each of the
Monster Lake, Winchester and Lac-├á-L’eau-Jaune properties in exchange for a
total of $16 million dollars of exploration work and a cash payment of $1,575,000
over five and a half years.

 

Contact:

Corporation
TomaGold
David Grondin
President and Chief Executive Officer
(514) 206-7727                                  
www.tomagoldcorp.com

 

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