BCY Announces Name Change and Share Consolidation

BCY RESOURCES INC.

FOR IMMEDIATE RELEASE

Contact: Investor Relations Tuesday, March 15, 2011 Phone (604) 684-2181 (No.2011-03-04) [email protected]

BCY Announces Name Change and Share Consolidation

Vancouver, British Columbia, Canada – March 15, 2011 – BCY Resources Inc. (the “Company”) (the “Company” or “BCY”) announces that further to the news release dated February 10, 2011, its name has changed to Mexigold Corp. The Company will commence trading under its new name and symbol, MAU, at the open on March 16, 2011 and will trade on a post–consolidated basis of one (1) new common share for every four (4) common shares currently issued and outstanding.

Following the share consolidation, the Company will have 18,559,442 common shares issued and outstanding.

ON BEHALF OF THE BOARD OF DIRECTORS

“Peeyush Varshney”

Peeyush Varshney, LL.B.

President & CEO

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.

Suite 2050-1055 W.Georgia St., PO Box 11121, Vancouver, BC Canada V6E 3P3 Phone (604) 684-2181 Fax (604) 682-4768