Effects 1 for 3 Share Consolidation

Cassidy Gold Corp (the "Company") announces that, further to its news release of June 2, 2009 and as approved by both the Company's shareholders and the TSX Venture Exchange, it will implement a consolidation of its issued securities on a three old for one new basis and, at the open of trading on Tuesday, September 22, 2009, the Company's common shares will commence trading on the TSX Venture Exchange on a 3:1 consolidated basis under the trading symbol "CDX".

The Company's transfer agent will be mailing to registered shareholders a Letter of Transmittal to enable shareholders to exchange share certificates of the Company for share certificates representing shares on a consolidated basis. No action is required by non-registered shareholders, who hold securities of the Company through an intermediary, to effect consolidation of their beneficially held securities.

Further details with respect to the consolidation are disclosed in the Company's Management Information Circular dated June 26, 2009, as electronically filed with regulators on July 6, 2009 and available for viewing through the Internet under the Company's issuer profile on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

On behalf of the Board of Directors

Cassidy Gold Corp.
James T. Gillis, President & CEO

For further information, please contact:
Jim Gillis, President -- Phone: 250-372-8222 or Fax: 250-828-2269

This press release may be accessed at Cassidy Gold Corp.'s website: www.cassidygold.com and at www.sedar.com.

If you wish to be placed on Cassidy Gold Corp.'s e-mail press release list, please contact us at cassidygold@telus.net

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 news release.

You can also view this News Release on our website at:
http://www.cassidygold.com/s/NewsReleases.asp?ReportID=364608