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Intact Gold announces CFO

V.ITG.H

Canada NewsWire

VANCOUVER, May 4, 2016 /CNW/ - Intact Gold Corp. (TSX-V: ITG) (FSE: 1A5) (the "Company" or "Intact Gold"), is pleased to announce that it has appointed Konstantin Lichtenwald as the Company's CFO.

Mr. Konstantin Lichtenwald specializes in providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses as well as public commodity resource companies. Konstantin also assists in many aspects of clients' administration, financing and other activities. Konstantin also worked at Ernst & Young GmbH, Germany in the assurance department. Konstantin earned his Bachelor of Business Administration degree from Pforzheim University, Germany and holds the professional designation of Chartered Professional Accountant (CPA, CGA), where he is a member of Chartered Professional Accountants of BC and Canada. Mr. Lichtenwald has had extensive experience as a Controller and CFO of numerous publicly traded and private corporations in several industries.

In connection with his appointment as CFO, Intact Gold has agreed to grant Mr. Lichtenwald an option to acquire 100,000 common shares of Intact Gold at an exercise price of $0.20.

Mr. Lichtenwald will replace David McElhanney as CFO. The Company thanks Mr. McElhanney and wishes him well in his future endeavors.

ON BEHALF OF THE BOARD OF DIRECTORS OF
INTACT GOLD CORP.

Per:  Anthony Jackson, President and CEO

Disclaimer for Forward-Looking Information

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding the contents of this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking information is subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks and other factors beyond the control of the Company. Except as required by law, the Company expressly disclaims any obligation, and does not intend, to update any forward-looking information in this news release.

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

SOURCE Intact Gold Corp