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Bison Gold Commences Strategic Alternatives Review, Financing and CEO Search

Bison Gold Resources Inc. (BGE.V) "announces that the internal strategic review to examine optimal ways to increase shareholder value has been completed, resulting in significant corporate cost savings, a targeted CEO search, a strategy to monetize shareholder value, and a financing to enable operations to continue comfortably through 2013.

STRATEGIC ALTERNATIVES

The Board believes that the current trading price of the Company's shares does not reflect the underlying value of the Company's assets, and that market conditions may continue to suppress the true value of the Company. Accordingly, Paradigm Capital Inc. has been retained, on a success fee basis only, to assist the Company in identifying and evaluating strategic opportunities available to the Company in connection with enhancing shareholder value.

FINANCING

Concurrent with the strategic alternatives review, the Company has retained M Partners Inc., on a success fee basis only, to raise funds for the Company to enable it to operate through 2013.

CEO SEARCH

The Board remains active in its search to find a new CEO for Bison Gold. The Board is evaluating a shortlist of highly qualified candidates and the Company will update shareholders when the successful candidate is chosen.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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