Tierra Grande Resources Inc. Announces Appointment of New President and Chief Executive Officer

Mosman Park, Western Australia--(Newsfile Corp. - April 9, 2014) - Tierra Grande Resources Inc. (OTCQB: TGRI) (the "Company") is pleased to announce the appointment of Mr. Andrew Gasmier as the President and Chief Executive Officer of the Company in place of Mr. Mark Kalajzich, who has resigned for personal reasons. Mr. Gasmier has been a director of the Company since February 2013.

Mr. Gasmier is a West Australian School of Mines educated Mining Engineer with over 16 years' experience in both underground and open pit operations. He has extensive experience in the assessment, evaluation and feasibility of mineral projects in Africa, Australia, Laos and Russia. Mr. Gasmier has held General Management roles in operations in Queensland and Western Australia, and in the past five years Mr. Gasmier has held senior positions for Metals X, Monarch Gold, AngloGold Ashanti and Mining Plus. Mr. Gasmier is a current member of AusIMM, holds First Class Mine Managers Certificate of Competency and holds a West Australian Underground Supervisor's Certificate of Competency.

Stated Simon Eley, Chairman of the Company, "Andrew has been a significant and valuable resource for our company as a director and we are delighted he has agreed to lead our company in our future endeavors."

About Tierra Grande Resources Inc.:

Tierra Grande Resources is an exploration stage company whose principal business is the acquisition and exploration of mineral resources. Information about the business of the company can be found in its filings with securities regulatory authorities.

Forward-looking Statements:

This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.

For further information, please contact Mr. Andrew Gasmier, President, at +61 409 102 356.