Kapuskasing Announces Change of CFO

Vancouver, British Columbia (FSCwire) - Kapuskasing Gold Corp. (TSX-V: KAP) (the Company or KAP) announces the resignation ofMr. James (Jim) Fairbairn as Chief Financial Officer (CFO) and the appointment of Mr. Marco Guidi as CFO of the Company.

Mr. Guidi is a Chartered Accountant (CPA - CA) and holds an Honours Bachelor degree in Business Administration from Wilfrid Laurier University. He has worked with publicly listed junior mining companies, technology companies, and privately-owned and entrepreneurial companies. In 2010, Mr. Guidi transitioned out of public accounting and is currently serving as Chief Financial Officer, Controller and Accountant for a number of public companies.

Mr. Fairbairn will remain on the Board of Directors.

On behalf of the Board of Directors

Jonathan Armes President & CEO Phone 1 (416) 708-0243

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Source: Kapuskasing Gold Corp. (TSX Venture:KAP) http://www.kapuskasinggold.com/s/home.asp

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