Cosigo announces resignation of two directors

CSG: TSX-V

VANCOUVER, Nov. 24, 2014 /CNW/ - Cosigo Resources Ltd. (TSX-V: CSG) (the "Company") today announced the resignation of Joseph Montgomery from the Company's board of directors. Mr. Montgomery has also resigned from his position as Executive Vice President of the Company. The Company also announced the resignation of Patrick Mooney from the Company's board of directors.

"Joe and Pat have been significant contributors to the Company and its vision since the beginning," said Dennis Milburn, Chief Executive Officer and President of the Company. "They will be missed. On behalf of the board and management, we thank Joe and Pat for their years of leadership and advice."

Following Mr. Montgomery and Mr. Mooney's resignations, the board is now comprised of Dennis Milburn, Edward (Ted) Robinson and Andres Rendle.

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/"Dennis Milburn"
President & CEO

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 for the adequacy of this release.

SOURCE: Cosigo Resources Ltd.

For further information:

Suite 1500, PO Box 1078
885 West Georgia Street
Vancouver, B.C. Canada V6C 3E8
Phone: [phone] (N. America)
[phone] (International)
Web: www.cosigo.com