New Carolin Gold Corp. announced that the Annual and Special General Meeting of Shareholders of the company was held on March 31, 2014, has approved the election of Robert L. Thast and Kenneth R. Holmes to the Board of Directors of the company. Ken Holmes is a director of Confederation Minerals Ltd., Velocity Minerals Ltd., Capstream Ventures Inc., and Magna Resources Ltd. The company announced Kenneth Holmes as a new member of its Board of Directors.

The company also announced that although Bruce Downing was re-elected as a director by shareholders at the Meeting, he has decided to step down as a director and as president and CEO of the company. At a Board of Directors meeting following the meeting, Robert Thast was appointed to the position of interim President and CEO until a permanent appointment is made.