Simba Gold Corp. (TSX VENTURE:SGD)(FRANKFURT:S7G) ("Simba" or the "Company")
announces that it has retained Renmark Financial Communications Inc. to provide
investor relations services to the Company. In consideration of the services to
be provided, Simba Gold Corp. has agreed to a monthly agreement starting May 1,
2012 with a monthly retainer of $6,000 to Renmark Financial Communications Inc.
Renmark Financial Communications does not have any interest, directly or
indirectly, in Simba Gold Corp. or its securities, or any right or intent to
acquire such an interest.


About Simba Gold Corp.

Simba Gold Corp. is an exploration company focused on the development of quality
gold assets in Rwanda. Simba owns 26% of Rogi Mining Limited ("Rogi") and has an
option to purchase up to 100% in stages through to March 2015. Rogi owns three
properties in Rwanda, with the principal asset being the Miyove Gold Project
which comprises 2,937 hectares over the largest historic gold-producing area in
the country. 


On behalf of the board of directors 

Werner J. Ullmann, President and CEO 

Simba Gold Corp. 

Cautionary Statement Regarding Forward-Looking Information

Some of the statements contained in this press release are forward-looking
statements and information within the meaning of applicable securities laws.
Forward-looking statements and information can be identified by the use of words
such as "expects", "intends", "is expected", "potential", "suggests" or
variations of such words or phrases, or statements that certain actions, events
or results "may", "could", "should", "would", "might" or "will" be taken, occur
or be achieved. Forward-looking statements and information are not historical
facts and are subject to a number of risks and uncertainties beyond Simba's
control. Actual results and developments are likely to differ, and may differ
materially, from those expressed or implied by the forward-looking statements
contained in this news release. Accordingly, readers should not place undue
reliance on forward-looking statements. The Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements, except as
may be required by law.


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