Goldnev Resources Inc. Announces Management Change

CALGARY, May 2, 2012 /CNW/ - Goldnev Resources Inc. ("Goldnev" or the "Company") (TSX Venture Exchange - "GNZ") announces that the Board of Directors of the Company has accepted the resignation of Mr. Marc Dame as President and Chief Executive Officer of Goldnev effective April 27, 2012. Mr. Dame continues as a Director of the Company.

The interim President and Chief Executive Officer of Goldnev will be Mr. Peter Shepherd. Mr. Shepherd is an investment industry professional with extensive experience in consulting and providing financial services to both private and public junior oil and gas companies. Since 2003 he has been involved in advising, structuring, and financing of numerous junior companies. Mr. Shepherd is a shareholder of Goldnev.

Goldnev's goals and objectives during this transition period is to raise some operating funds from sale of two of its assets, bring current all filings with the TSX, and remove the trading restrictions that are currently in place.

Mr. Charlie Chapman will act as an advisor to the company through the transition process and will continue to provide contracted consulting staff engineering and geological services to the company and also continue to operate the company's oil and gas properties. Mr. Chapman had resigned as an officer of the Company on August 8, 2011 and as a director on March 21, 2012.

Goldnev will keep shareholders informed on its progress for reinstatement of trading of its securities and general corporate activities and welcomes any inquiries in regards to these matters.

Neither the TSX Venture Exchange, nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Goldnev

Goldnev Resources Inc. is a junior energy exploration company focused on the exploration and development of unconventional oil shale resources in Saskatchewan, Canada and conventional crude oil and natural gas production in northeastern British Columbia and southwestern Alberta. The shares of Goldnev are listed on the TSXV and trade under the symbol "GNZ".

on Goldnev and its projects, please visit our website at www.goldnevresources.com, or email at [email protected] or contact:

Mr. Andrew S. Burgess
Chief Financial Officer
Goldnev Resources Inc.
Telephone: [phone]
Facsimile: [phone]
E-mail: [email protected]
P.O. Box 1757 Station M
Calgary, Alberta, T2P 2L8

Mr. Peter Shepherd
President & Chief Executive
Officer
Goldnev Resources Inc.
Telephone: [phone]
E-mail: [email protected] 

Mr. Steven Craig
Director
Goldnev Resources Inc.
Telephone: [phone]
E-mail: [email protected]