OOO Otis Gold Corp

Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE:OOO)(OTCQX:OGLDF)
announces it has terminated the Option Agreement between the Company and Lateral
Gold Corp. ("Lateral"), dated February 10, 2013 and amended on March 26, 2013
(the "Option Agreement"), pursuant to which Otis granted Lateral an option to
acquire an initial 70% interest in the Oakley Property. As a result, Otis will
retain its existing 80% interest in the Oakley Property, located in Idaho, USA.
With the termination of the Option Agreement, Otis will now evaluate its
strategic options with respect to the development of the Oakley Property.


About the Company

Otis is a resource company focused on the acquisition, exploration, and
development of precious metal deposits in Idaho, USA. Otis is currently
developing its flagship property, the Kilgore Gold Project, located in Clark
County, Idaho.


ON BEHALF OF THE BOARD 

Craig T. Lindsay, President and 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 or accuracy of this release.


The forward-looking information contained in this press release is made as of
the date hereof and Otis undertakes no obligation to update publicly or revise
any forward-looking information, whether as a result of new information, future
events or otherwise, unless so required by applicable securities laws.


This news release does not constitute an offer to sell or a solicitation of an
offer to sell any securities in the United States. The securities have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Otis Gold Corp.
Craig Lindsay
604.683.2507
craig@otisgold.com

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