THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS
AGENCIES


Cassidy Gold Corp. ("Cassidy") (TSX VENTURE:CDX) announces that it will conduct
a non-brokered private placement of up to 3,300,000 units of Cassidy (the
"Units") at a price of $0.15 per Unit for aggregate proceeds of up to
approximately $495,000. Each Unit will consist of one common share in the
capital of Cassidy and one non-transferable share purchase warrant, each warrant
entitling the holder to purchase one additional common share at a price of $0.20
for two years from the closing of the offering, subject to accelerated expiry in
certain circumstances.


Shares acquired by the placees, and shares which may be acquired upon the
exercise of the share purchase warrants, will be subject to a hold period of
four months and one day from the date of completion of the financing in
accordance with applicable securities legislation. Finder's fees in amounts yet
to be determined may be paid to persons who introduce the Company to investors.
Funds raised by this private placement will be used for general corporate
purposes.


Cassidy is also pleased to announce the appointments of Paul Rankine as the
Chief Executive Officer and a director of Cassidy and of Marion Bush as the
Chief Operating Officer and a director of Cassidy.


Paul Rankine has served as the Chief Executive Officer and a director of Zambezi
Nickel Ltd. from May 2005 to February 2007, a director of Stellar Diamonds plc.
from August 2007 to October 2010 and a director of TomCo Energy plc from
September 2011 to present, all companies listed on the London Stock Exchange's
AIM. Paul has experience as a mining equities financial analyst and consultant
and has held positions with Citigroup Asset Management Ltd. and Altima Partners
LLP. Paul holds an MBA from the University of Cape Town and an MSc in Mineral
Economics from the University of Witwatersrand, is a fellow of the South African
Institute of Mining and Metallurgy and a member of the Society of Mining,
Metallurgy and Exploration Inc. in the United States.


Marion Bush graduated from Curtin University of Technology, Western Australia
with a BSc (Geology) in 1993 and a Postgraduate Diploma (Applied Geology) in
1994. She graduated from the Imperial College in London, UK with an MSc (Mineral
Project Appraisal) in 1998. Marion has experience in commercial management,
analyst and marketing roles. Most recently she worked as an analyst for Zamin
Advisors Ltd. and as a consultant with Digby Advisors Ltd.


The Board of Directors sincerely thanks James Gillis for his past services as
Cassidy's Chief Executive Officer. Mr. Gillis will remain the President and a
director of Cassidy.


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL
ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES
HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES
ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR
SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT
THEREFROM.


This news release contains certain statements that may be deemed
"forward-looking statements". Forward looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although Cassidy Gold Corp.
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results or realities may differ materially from those in
forward looking statements. Forward looking statements are based on the beliefs,
estimates and opinions of Cassidy Gold Corp.'s management on the date the
statements are made. Except as required by law, Cassidy Gold Corp. undertakes no
obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.


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