DISCLOSURE

WE PROVIDE FULL, FAIR, ACCURATE, TIMELY AND UNDERSTANDABLE DISCLOSURE

Gryphon Gold is committed to providing our shareholders and investors with full, fair, accurate, timely and understandable disclosure in the reports that we file with the Securities and Exchange Commission.
To this end, our directors, officers and employees shall:

• Not make false or misleading entries in our books and records for any reason;
• Not condone any undisclosed or unrecorded bank accounts or assets established for any purpose;
• Comply with generally accepted accounting principles at all times;
• Notify our Chief Financial Officer if there is an unreported transaction;
• Maintain a system of internal accounting controls that will provide reasonable assurances to management that all transactions are properly recorded;
• Maintain books and records that accurately and fairly reflect our transactions;
• Prohibit the establishment of any undisclosed or unrecorded funds or assets;
• Maintain a system of internal controls that will provide reasonable assurances to our management that material information about Gryphon Gold is made known to management, particularly during the periods in which our periodic reports are being prepared;
• Present information in a clear and orderly manner and avoid the use of unnecessary legal and financial language in our periodic reports; and
• Not communicate to the public any nonpublic information except through our Chief Financial
  Officer or Chief Executive Officer.