Otis Gold Releases AGM Results and Provides Corporate Update

Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE:OOO)(OTCQX:OGLDF) is
pleased to announce the results of its annual general meeting of shareholders
held on March 14, 2014. The shareholders approved all motions put forth at the
meeting and ratified the Stock Option Plan. The incumbent directors of Otis,
Craig Lindsay, Dr. Roger Norwich, Donald Ranta, William Reed and Sean Mitchell,
were re-elected for the coming year.


The Company is also please to provide the following corporate update.

Ongoing Permitting and Field Operations: We continue to progress permitting at
the Kilgore Gold Project (or "Kilgore") for our next planned drill program. The
focus of permitting is the construction of approximately 1,500 meters of new
roads into the "North Target" area, where several bulk tonnage intercepts in
excess of 80m thick have been intercepted (see News Release dated January 17,
2013). Highlights of these past holes, all which are located outside of and
immediately adjacent to the existing Kilgore Deposit, include 82.3 metres (m) of
0.95 grams per tonne gold (g/t Au) in hole 12 OKR-291, 121.9 m of 1.04 g/t Au,
that includes 45.7 m of 1.52 g/t Au, in hole 12 OKR-292, and 83.8 m of 1.12 g/t
Au, that includes 30.5 m of 2.10 g/t Au, in hole 12 OKR-294. 


As part of our permitting activities, the US Forest Service requested several
months of water quality data from a number of locations throughout the project
area. We are continuing with monthly water sampling above and beyond the
immediate permitting requirements for use with future baseline environmental
studies. Based on our discussions with permitting authorities, we expect to be
in a position to initiate a drill program by July.


Planned 2014 Work Program: We have prepared a preliminary, draft budget for a
work program at Kilgore. Our base plan is comprised of road construction, 3,000
metres of RC drilling into the "North Target" extension and further
metallurgical testing. Following this, we plan to update our NI 43-101 resource
estimate and initiate a PEA. This work program is subject to receipt of
financing.


Cost Control Initiatives: In the face of ongoing weakness in the capital
markets, we continue to diligently manage our cash resources. We have
rationalized our office space in Spokane, Washington, and continue to closely
monitor all corporate and exploration expenditures. 


Noted President and CEO Craig Lindsay: "We remain very excited about the growth
potential at Kilgore, and are committed to advancing the project. To achieve our
goals we are reviewing a broad range of alternatives to creatively advance Otis
and our property portfolio. The Company is very appreciative of the support it
has received from its shareholders as we continue to navigate challenging market
conditions."


About the Company

Otis is a growth-oriented 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 

Forward-Looking Statements

This release and related documents may include "forward-looking statements"
including, but not limited to, statements related to the interpretation of
drilling results and potential mineralization, future exploration work at the
Kilgore Project and the expected results of this work. Forward-looking
statements are statements that are not historical fact and are subject to a
variety of risks and uncertainties which could cause actual events to differ
materially from those reflected in the forward-looking statements, including:
fluctuations in the price of gold, cost of mining, inability to complete drill
programs on time and on budget and future financing. Words such as "believes,"
"plans," "anticipates," "expects," "estimates" and similar expressions should
also be considered to be forward-looking statements. There are a number of
important factors that could cause actual results or events to differ materially
from those indicated by such forward-looking statements, including, but not
limited to: uncertainties involving interpretation of drilling results,
environmental matters, obtaining required permitting, equipment breakdowns or
disruptions, and the other factors described in Otis' most recent Annual Report.



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.


NEITHER THE 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.


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