EnerGulf Resources Inc.


EnerGulf – Gianulis and Dhir Join Board

VANCOUVER, BC (August 23, 2013), EnerGulf Resources Inc. (TSX-V: ENG; FSE:EKS) (EnerGulf or “the Company”) At the Company’s Annual General Meeting held on August 15, 2013 Peter Gianulis and Anu Dhir were elected to the Board of Directors. Jeff Greenblum and Clive Brookes were re-elected as Directors.

Peter Gianulis is the President and Managing Director of Carrelton Asset Management, and was formerly a Partner of Saranac Capital Management, a NYC-based hedge fund. Carrelton Asset Management is an asset management and private equity firm specializing in small and micro-cap companies with a particular emphasis on the natural resource sector. Mr. Gianulis graduated with an MBA from Cornell University and a BA from the University of California at San Diego. Mr. Gianulis also acts as a director of Columbus Gold Corporation. Carrelton Asset Management is a significant shareholder of EnerGulf and Columbus Gold.

Anu Dhir is the Managing Director of Miniqs Limited, a private group primarily interested in developing resource projects and was formerly Vice President, Corporate Development and Company Secretary at Katanga Mining Limited, a TSX-listed company operating a large scale copper-cobalt project in the Democratic Republic of Congo. Ms. Dhir is the lead non-executive director of Atlatsa Resources Corp, a TSX listed platinum group metals company in South Africa and Frontier Rare Earths Limited, a TSX listed company that is focused on rare earth elements in Southern Africa. Ms. Dhir holds a Bachelor of Arts degree (BA) from the University of Toronto and a law degree (Juris Doctor) from Quinnipiac University, Connecticut, United States.

EnerGulf thanks Tom Fetters and Eliecer Palacios who did not stand for re-election for their service as directors.

On Behalf of the Board of Directors of ENERGULF RESOURCES INC.

Jeff Greenblum’

Jeffrey L. Greenblum, Chairman & CEO

- EnerGulf Resources Inc.