Cosigo Board and Management Resign

CSG: TSX-V 15-01

VANCOUVER, Feb. 23, 2015 /CNW/ - Cosigo Resources Ltd. ("Cosigo" or the "Company") announces the resignation today of Dennis Milburn, Ted Robinson and Christine Aney from their respective board and executive positions with the Company.  Andres Rendle, VP South American Operations, will continue as the sole director and officer pending appointment of new directors and officers.

The resignations follow the settlement of an ongoing dispute with a shareholder.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility of the adequacy or accuracy of this release.

About Cosigo Resources:

Cosigo Resources Ltd. (TSX-V: CSG) is a Vancouver-based company with mineral interests in properties in Brazil, Colombia and Canada. The Company's main focus is in the Taraira Gold Belt, which straddles the border between northwestern Brazil and southeastern Colombia. In Brazil, geological mapping has identified more than 250 km2 of prospective geology and sampling has identified gold-bearing strata over long strike-lengths in several locations. Cosigo's ongoing work in the Taraira Gold Belt is the first modern exploration program in an area known to have hosted more than 100 historic gold mining operations.

On behalf of the Board of Directors
Cosigo Resources Ltd.
/s/"Andres Rendle"
Director

SOURCE Cosigo Resources Ltd.

For further information: Suite 1500, PO Box 1078, 885 West Georgia Street, Vancouver, B.C. Canada V6C 3E8, Phone: 877-866-8688 (N. America), +1-604-515-5970 (International), Web: www.cosigo.com

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Cosigo Resources Ltd.

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