Alacer announces President Howard Stevenson to resign

TORONTO, Jan. 27, 2014 /CNW/ - Alacer Gold Corp. ("Alacer" or the "Company") 
[TSX: ASR and ASX: AQG] today announced that Howard Stevenson, the Company's 
President and Chief Operating Officer, has accepted a Chief Executive Officer 
position with another company. Mr. Stevenson's last day with the Company has 
not yet been determined, but Mr. Stevenson will remain with the Company during 
a transition period and will assist in finalizing the Çöpler sulfide 
Definitive Feasibility Study for Board consideration. 
Rod Antal, CEO of Alacer, stated "While we are disappointed to see Howard 
leave Alacer, we are excited for him in his new opportunity as CEO.  On behalf 
of the Board and the entire Alacer team, we thank Howard for his significant 
contributions to Alacer over the years, including bringing the Çöpler Mine 
into production." 
About Alacer 
Alacer Gold Corp. is a leading intermediate gold mining company and its 
world-class operation is the 80% owned Çöpler Gold Mine in Turkey. Alacer 
also has 14 active exploration projects in Turkey which are 50%/50% joint 
ventures with our Turkish partner Lidya Mining. 
During 2013, Çöpler is forecast to produce 268,000 to 272,000 ounces of gold 
at Total Cash Costs(1) of less than $425 per ounce. 
Çöpler is currently an open-pit, heap-leach operation that is producing gold 
from oxide ore. The treatment of sulfide ore via pressure oxidation is being 
evaluated and a Definitive Feasibility Study is planned to be completed by 
June 2014. 
Cautionary Statements 
Except for statements of historical fact relating to Alacer, certain 
statements contained in this press release constitute forward-looking 
information, future oriented financial information, or financial outlooks 
(collectively "forward-looking information") within the meaning of Canadian 
securities laws. Forward-looking information may be contained in this document 
and other public filings of Alacer. Forward-looking information often relates 
to statements concerning Alacer's future outlook and anticipated events or 
results and, in some cases, can be identified by terminology such as "may", 
"will", "could", "should", "expect", "plan", "anticipate", "believe", 
"intend", "estimate", "projects", "predict", "potential", "continue" or other 
similar expressions concerning matters that are not historical facts. 
Forward-looking information includes statements concerning, among other 
things, production, cost and capital expenditure guidance; development plans 
for processing sulfide ore at Çöpler; the generation of free cash flow and 
payment of dividends; matters relating to proposed exploration, communications 
with local stakeholders and community relations; negotiations of joint 
ventures, negotiation and completion of transactions; commodity prices; 
mineral resources, mineral reserves, realization of mineral reserves, 
existence or realization of mineral resource estimates; the development 
approach, the timing and amount of future production, timing of studies, 
announcements and analyses, the timing of construction and development of 
proposed mines and process facilities; capital and operating expenditures; 
economic conditions; availability of sufficient financing; exploration plans 
and any and all other timing, exploration, development, operational, 
financial, budgetary, economic, legal, social, regulatory and political 
matters that may influence or be influenced by future events or conditions. 
Such forward-looking information and statements are based on a number of 
material factors and assumptions, including, but not limited in any manner to, 
those disclosed in any other of Alacer's filings, and include the inherent 
speculative nature of exploration results; the ability to explore; 
communications with local stakeholders and community and governmental 
relations; status of negotiations of joint ventures; weather conditions at 
Alacer's operations, commodity prices; the ultimate determination of and 
realization of mineral reserves; existence or realization of mineral 
resources; the development approach; availability and final receipt of 
required approvals, titles, licenses and permits; sufficient working capital 
to develop and operate the mines and implement development plans; access to 
adequate services and supplies; foreign currency exchange rates; interest 
rates; access to capital markets and associated cost of funds; availability of 
a qualified work force; ability to negotiate, finalize and execute relevant 
agreements; lack of social opposition to the mines or facilities; lack of 
legal challenges with respect to the property of Alacer; the timing and amount 
of future production and ability to meet production, cost and capital 
expenditure targets; timing and ability to produce studies and analyses; 
capital and operating expenditures; economic conditions; availability of 
sufficient financing; the ultimate ability to mine, process and sell mineral 
products on economically favorable terms and any and all other timing, 
exploration, development, operational, financial, budgetary, economic, legal, 
social, regulatory and political factors that may influence future events or 
conditions. While we consider these factors and assumptions to be reasonable 
based on information currently available to us, they may prove to be incorrect. 
You should not place undue reliance on forward-looking information and 
statements. Forward-looking information and statements are only predictions 
based on our current expectations and our projections about future events. 
Actual results may vary from such forward-looking information for a variety of 
reasons, including but not limited to risks and uncertainties disclosed in 
Alacer's filings at and other unforeseen events or 
circumstances. Other than as required by law, Alacer does not intend, and 
undertakes no obligation to update any forward-looking information to reflect, 
among other things, new information or future events. 
(1) Total Cash Costs is a non-IFRS financial performance measure with no 
standardized definitions under IFRS. For further information, see the 
"Non-IFRS Measures" section of the Company's MD&A for the three month period 
ended September 30, 2013.

SOURCE  Alacer Gold Corp. 
For further information on Alacer Gold Corp., please contact: 
Lisa Maestas - Director of Investor Relations - North America at  
+1-303-292-1299 Roger Howe - Director of Investor Relations - Australia at  
To view this news release in HTML formatting, please use the following URL: 
CO: Alacer Gold Corp.
ST: Ontario
-0- Jan/27/2014 12:55 GMT
Press spacebar to pause and continue. Press esc to stop.