Antioquia Gold Inc. Closes Non-brokered Private Placement

Antioquia Gold Inc. ("Antioquia Gold" or the "Company") (TSX VENTURE:AGD)
(OTCQX:AGDXF) announces closing of a non-brokered private placement for
aggregate proceeds of $250,000 via the issuance of 2,083,334 units (the "Units")
at a price of $0.12 per Unit (the "Offering"). Each Unit consists of one common
share in the share capital of the Company ("Common Shares") and one-half of one
common share purchase warrant of the Company ("Warrants"). Each whole Warrant
will entitle the holder thereof to purchase one additional Common Share at a
price of $0.25 per share for a period of six (6) months from the date of
issuance.


The cash proceeds from the Offering will be added to the working capital and
thereby be used to fund ongoing work on the Company's Cisneros project in
Colombia. 


Securities issued under the Offering will have a four month statutory hold
period and completion of the Offering is subject to approval from the TSX
Venture Exchange.


About Antioquia Gold Inc. 

Antioquia Gold has been exploring for precious metals in Colombia since 2007
where its current holdings are close to 40,000 hectares located throughout
Colombia. Antioquia's principal asset, which is being actively explored, is its
5,630 hectare Cisneros Project, located 55 km northeast of Medellin in the
Department of Antioquia, Colombia. Extensive geochemical and geophysical
programs over the entire Cisneros property have identified six exploration
targets to date. On the original discovery zone, the Company has drilled over
30,000 metres and is well versed in the understanding of the deposit type and
the project's path to resource definition and production. 


On behalf of Antioquia Gold Inc. Felix Navarro-Grau Hurtado, Chairman of the Board

For further information on Antioquia Gold Inc., visit our website at
www.antioquiagoldinc.com.


You can also follow Antioquia Gold on Twitter @AntioquiaAGD.

To receive Company news by email, contact info@antioquiagoldinc.com and mention
"Antioquia Gold" news in the subject line.


READER ADVISORY 

Statements in this press release may contain forward-looking information
including, statements regarding the expected use of proceeds from the Placement.
Any statements that are contained in this press release that are not statements
of historical fact may be deemed to be forward-looking statements. The reader is
cautioned that assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may cause actual
results to differ materially from those predicted, as a result of numerous known
and unknown risks, uncertainties, and other factors, many of which are beyond
the control of Antioquia Gold. The reader is cautioned not to place undue
reliance on any forward-looking information. There can be no assurance that the
proposed exploration programs in Colombia or other project acquisitions will be
completed or, if completed, will be successful.


The forward-looking statements contained in this press release are made as of
the date of this press release, and Antioquia Gold does not undertake any
obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise,
except as required by securities law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Antioquia Gold Inc.
JoAnne Dorval-Dronyk
403-457-4653
info@antioquiagoldinc.com
www.antioquiagoldinc.com

Antioquia Gold (TSXV:AGD)
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