 | 900-688 West Hastings Street Vancouver, BC V6B 1P1 Canada |
| NEWS RELEASE: June 19, 2013 | Toronto Stock Exchange: VG |
| For Immediate Release | No: 27 |
| VERIS GOLD CORP. ANNOUNCES APPOINTMENTS |
Vancouver, BC – June 19, 2013 – Veris Gold Corp. (“Veris” or the “Company”) (TSX: VG) (OTCQB: YNGFF) (Frankfurt Xetra Exchange: NG6A)is pleased to announce that effective immediately, Mr. R. Llee Chapman, President of Veris Gold Corp. has been appointed Chief Executive Officer as well as a Director; Mr. Graham Dickson has been appointed Chief Operating Officer and remains Senior Vice President, Corporate Development; and Mr. Shaun Heinrichs remains as the Company’s Chief Financial Officer.
At the Company’s Jerritt Canyon operations in Elko, Nevada, Mr. Joseph Driscoll, with effect from today, has been appointed General Manager and Mr. Joseph Wheeldon was recently appointed as Mine Manager. Also as of today Mr. Kiedock Kim has been appointed Plant Manager and Mr. Chris Jones has been appointed Assistant Plant Manager.
Rounding out the team are the Officers of the Company as follows; Joanne C. Jobin, Vice President Investor Relations, Todd Johnson, Vice President Exploration, and Cameron Patterson, Vice President Finance.
On his appointment, as Chief Executive Officer, Mr. Chapman stated,“I look forward to continuedelivering strongleadership to the Veris GoldTeams and further strengthening thedevelopmentsand strides thatwe have already made at Jerritt Canyonto ensure that the Company and its operations remain viable and continue to addto shareholder value. We look forward to sharing positive news withour stakeholders in the near future.”He further added,“At Jerritt Canyon, weare buildingone of thestrongest mining and operations teams in the industry. I am personally very excited be a part of a teamthat will be responsible forthe continuing growth and development of the historic Jerritt Canyon operations and most importantly all VerisTeams look forward to delivering on ourassurancesto our shareholders.”
Francois Marland, Executive Chairman also commented,“The appointment ofMr. Chapman as CEOat Veris is a natural progressionto our current corporaterestructuring and we look forward to his continuedleadershipand continuing improvementsat our operations in Elko, Nevada.Mr. Graham Dickson will assume the role of Chief Operating Officer while the Company undertakes a search to fulfill this role.Mr. Heinrichs will remain as Chief Financial Officer of the Company.Both Mr. Dickson and Mr. Heinrichs skill-sets are considered significantstrengths in our newly reorganized team and we lookforward to theirvaluable contributions in the future.”
About Veris Gold Corp.
Veris Gold Corp. is a growing mid-tier North American gold producer in the business of developing and operating gold mines in geo-politically stable jurisdictions. The Company's primary assets are the permitted and operating Jerritt Canyon mill and gold mines located 50 miles north of Elko, Nevada, USA. The Company's primary focus is on the re-development of the Jerritt Canyon mining and milling facility. The Company also holds a portfolio of precious metals properties in British Columbia and the Yukon Territory, Canada, including the former producing Ketza River mine.
On behalf of
“VERIS GOLD CORP.”
Francois Marland
Executive Chairman
To be added to the Veris Gold e-mail list please sign up atwww.verisgold.com.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. All material information may be accessed atwww.sedar.com.
Forward-Looking StatementsThis press release contains "forward-looking statements" and "forward looking information" within the meaning of applicable securities laws. All statements, other than statements of historical fact, including without limitation, statements relating to plans for or intentions with respect to the offering of Securities and the Company’s use of proceeds from the sale of Securities are forward-looking statements. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". By their nature, forward-looking statements and information are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or industry results, to be materially different from future results, performance or achievements expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include among other things the following: the Company’s ability to engage underwriters, dealers or agents on terms and conditions deemed reasonable by the Company; the need to satisfy regulatory and legal requirements with respect to any offerings; gold price volatility; discrepancies between actual and estimated production and mineral reserves and resources; the speculative nature of gold exploration; mining operational and development risk; and regulatory risks. See our Annual Information Form for additional information on risks, uncertainties and other related factors. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.
For more information please contact:
| Veris Gold Corp. | Veris Gold Corp. | AXINO AG |
| Joanne C. Jobin | Nicole Sanches | Wolfgang Seybold |
| VP, Investor Relations | Investor Relations Manager | Chairman |
| T: (647) 964-0292 | T: (604) 688-9427 ext 224 | T: +49 711 25 35 92 40 |
| NA Toll Free: 1-855-688-9427 | NA Toll Free: 1-855-688-9427 | E:wolfgang.seybold@axino.de |
| E:jjobin@verisgold.com | E:nicole@verisgold.com | W: axino.de |
| W: verisgold.com | W: verisgold.com |