CBR GOLD ISSUES INCENTIVE STOCK OPTIONS

June 19, 2009

EDMONTON, Alberta – CBR Gold Corp. (CBG: TSX-V) (“CBG” or the “Corporation”) announced that its Board of Directors has granted stock options ("Options") pursuant to the Corporation's incentive stock option plan to acquire an aggregate of 1,600,000 common shares of the Corporation ("Common Shares") at an exercise price of $0.32 per Common Share, of which Options to acquire an aggregate of 1,400,000 Common Shares were granted to directors and officers of the Corporation. 

About CBR Gold

CBR Gold Corp., formerly Committee Bay Resources Ltd. is a Canadian-based exploration and development company focused on expanding; the Niblack Copper-Gold-Silver-Zinc deposit in southeast Alaska with partner Hunter Dickinson and its wholly owned high-grade Three Bluffs Gold deposit in Nunavut, Canada.  CBG also has several generative to early stage projects and continues to monitor the globe for additional undervalued gold and copper projects. The company’s diversified asset portfolio also includes two drilling companies in Canada and Australia and significant holdings of marketable securities.

On behalf of the Board

CBR Gold Corp.

/s/”John Williamson”

John Williamson, P.Geol.
President, CEO & Director

For further information about CBR Gold Corp. or this news release, please contact:
Derek Iwanaka
Manager, Investor Relations
Email: info@cbrgoldcorp.com
Dial 604-646-4527 or toll-free 1-888-331-2269
**  WEBSITE:  http://www.cbrgoldcorp.com/  **

CBR Gold Corp. is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.

"Neither 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."