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Tuesday, November 10, 2009

BANDERA APPOINTS BOSSERT AS CFO

BGL-TSXV November 10, 2009

BANDERA APPOINTS BOSSERT AS CFO

Bandera Gold Ltd. ('Bandera') is pleased to announce the appointment of Don Bossert as Bandera’s new CFO. Mr. Bossert will replace Mr. Peter Gommerud who has resigned as CFO but will continue as a director and consultant to Bandera.

Mr. Bossert achieved his Certified Management Accountant designation from the Society of Management Accountant's of Alberta in 1992. After spending 19 years as the Director of Finance of Unified Alloys, a national distributor of stainless steel and special alloy pipe, fittings and flanges, Mr. Bossert established Bossert Consulting Ltd., a company providing Management and Accounting services.

Mr. Bossert is currently the Controller for Pro-Tech Valve Services Inc. and is also a Director and the Chief Financial Officer of Rio Plata Exploration Corp., a private junior exploration and mining company developing a mining property in the state of Sinaloa, Mexico.

Mr. Bossert joined the Board of Bandera Gold Ltd. in February 2006 and since that time has served as the Chairman of the Audit Committee and is also on the Disclosure Committee.

On behalf of the Board

Kelvin Williams, CEO

For further information please contact:
Kelvin Williams, President (780) 465-4129
Web: www.banderagold.com

Or Micro Cap et al, Investor Relations at: (877) 642-7622
E mail: info@microcapetal.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Information provided herein contains forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Bandera at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Bandera that actual results achieved will be the same in whole or in part as those indicated in the forward-looking statements.