Vancouver, BC - April 23, 2012 - Mexigold Corp. ("Mexigold" or the "Company") (TSX-V: MAU) is pleased to announce that it has retained Deutsche Investor-Relations GmbH ("DIRG") to provide Mexigold with investor relations services in Europe. DIRG and Mexigold are at arm's length.

DIRG is a Berlin-based investor relations firm that provides a multitude of investor relations services to publically traded companies looking to establish support in German-speaking Europe. DIRG will create an online presence for Mexigold through the creation of a corporate profile on www.wallstreetonline.de, with the intent of creating a multifaceted investor relations program based on this profile.

Pursuant to an agreement between DIRG and Mexigold (the "Agreement"), DIRG will be paid €2,500 EURO per month to provide the said services for a period of 3 months, subject to automatic 3 months renewals unless cancelled in advance by either party on one month notice.

In addition, DIRG has been granted a stock option to purchase up to 150,000 shares of Mexigold at $0.15 each for a period of 24 months.

The agreement is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

Praveen Varshney, CA
President and CEO