Simba Appoints New CEO

Simba Gold Corp. (TSX VENTURE:SGD)(FRANKFURT:S7G) ("Simba" or the "Company")
announces that effective immediately Mr. Igor Vishnevskiy has been appointed as
President and Chief Executive Officer. Mr. Vishnevskiy is a director of the
Company and he has been responsible for overseeing the present exploration
program at its Miyove Gold Project in Rwanda that commenced in June 2012. Mr.
Werner Ullmann is stepping down as President and CEO but will remain a director
of Simba, actively overseeing the Company's new marketing and finance strategy.


"We are extremely pleased that Mr. Vishnevskiy has agreed to be Simba's
President and CEO," says John Anderson, Simba's Chairman. "Mr. Vishnevskiy is
very familiar with the Miyove Gold Project and with the historical work
completed on the property. He and his team have established great relationships
and knowledge with the surrounding community and Rwanda. He also has a
tremendous amount of experience in the mining industry and the expertise he
brings to this position will be of great value leading the Company on as it
grows and expands. We look forward to working closely together with Mr.
Vishnevskiy and the rest of Simba's management team to continue advancing our
project in the most cost-effective manner."


Mr. Igor Vishnevskiy: An Established and Experienced Mining and Commodity Expert 

Mr. Vishnevskiy has over 20 years' experience in the mining and finance
industries, mainly focused in Russia and Africa. From 1996 to 2004 Mr.
Vishnevskiy was head of Glencore International in Russia, one of the world's
largest suppliers of a wide range of commodities and raw materials to industrial
consumers. He then held the position of President of Polar Mining until 2008, a
nickel exploration Company located in the Murmansk region of Russia. Mr.
Vishnevskiy has also been a director of Mining Resources Limited since 2009, a
private investment company with various precious and base metal properties in
Mauritania. 


In 2004 Mr. Vishnevskiy started and remains President of Rogi Mining Limited
("Rogi"), whose principal asset was the Miyove Gold Project located in Rwanda.
Following an agreement with Rogi, Simba completed its Qualifying Transaction
with the Miyove Gold Project in 2011 with the right to purchase up to 100% of
Rogi over a period of five years. Mr. Vishnevskiy has extensive knowledge and
familiarity with the Miyove Project which will be an incredible asset to Simba
as it moves the project forward.


About Simba Gold Corp. 

Simba Gold Corp. is an exploration Company focused on the development of quality
gold assets in Rwanda, Africa. Simba owns 26% of Rogi Mining Limited ("Rogi")
and has an option to purchase up to 100% over five years. Rogi owns three
properties in Rwanda, with the principal asset being the Miyove Gold Project
which comprises 2,937 hectares over the largest historic gold-producing area in
the country. 


On behalf of the Board of Directors

John Anderson, Chairman 

Simba Gold Corp.

Cautionary Statement Regarding Forward-Looking Information

Some of the statements contained in this press release are forward-looking
statements and information within the meaning of applicable securities laws.
Forward-looking statements and information can be identified by the use of words
such as "expects", "intends", "is expected", "potential", "suggests" or
variations of such words or phrases, or statements that certain actions, events
or results "may", "could", "should", "would", "might" or "will" be taken, occur
or be achieved. Forward-looking statements and information are not historical
facts and are subject to a number of risks and uncertainties beyond Simba's
control. Actual results and developments are likely to differ, and may differ
materially, from those expressed or implied by the forward-looking statements
contained in this news release. Accordingly, readers should not place undue
reliance on forward-looking statements. The Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements, except as
may be required by law.