Brascan Gold Inc. announced that Mr. Balbir Johal has been appointed as President and Chief Executive Officer, replacing Mr. Eric Warren effective immediately. Mr. Warren will remain a member of the board of directors of the Company. Mr. Johal currently serves as a member of the board of directors of the Company and is former securities lawyer with over 20 years' experience in the global capital markets.

He has extensive experience in working with natural resources and exploration companies. Mr. Johal has served as senior officer and director of several public companies and is presently CEO of his own merchant bank Midori Capital Inc.