True Grit Resources Ltd. announced that effective July 1, 2014 Mr. Allan Williams has stepped down as President and CEO of the Company, and Mr. Doug Fulcher, a current Director of the Company, will assume the responsibilities of President and CEO. Mr. Williams has agreed to remain as Chairman of the Board and a Director of the Company. Mr. Fulcher is currently the President and CEO of Burnstone Ventures Inc. and serves on the Boards of Directors of Redstar Gold Corp.

and Maritime Resources Corp. The company announced that Mr. Kim Phillips has stepped down as a Director, and that Mr. Andrew Pooler has joined the Board. Mr. Pooler most recent role was as Chief Operating Officer of Esperanza Resources Corp.