Antioquia Gold Inc. Announces Fernando Jaramillo as Director Immediately and President & CEO Effective April 1, 2013

Antioquia Gold Inc. ("Antioquia Gold" or the "Company") (TSX VENTURE:AGD)
(OTCQX:AGDXF) is pleased to announce that it has appointed Fernando Jaramillo
Escobar as a Director of the Company effective February 27, 2013. Mr. Jaramillo
will be appointed as President and Chief Executive Officer effective April 1,
2013. The appointment is subject to the finalization of a formal contract and
any applicable regulatory approval.


Fernando Jaramillo Escobar is a resident of Colombia and is a civil engineer
with thirty-five years of experience including executive and senior management
roles in the oil and gas industry, mine operation and engineering. Mr. Jaramillo
held senior roles with BP including President and Business Unit Leader of BP
Exploration Colombia, President and Regional Director of Latin America with BP
Mexico and Head of Audit and Risk Management for E&P worldwide with BP Corporate
London. Prior to his employment with BP, he held senior roles with Billiton and
Shell Companies in Colombia and the Netherlands, as well as Oleoducto de
Colombia and Exxon Group of Companies in Colombia. He is fluent in English and
Spanish. He is a founding shareholder of Antioquia Gold and has been a Legal
Representative of the Company's branch in Colombia since 2008.


Mr. Jaramillo replaces Richard Thibault who has returned to his consulting
business but has agreed to stay on in an advisory capacity through the
transition period and will be entering into a 12 month consulting agreement, on
an as-needed basis, subject to TSXV approval.


The Company also advises that it has not renewed contracts for 2013 with
investor relations firms previously retained - CHF Investor Relations, Resources
Awareness LLC (formerly Contrary Investor's Cafe) and eResearch Corporation.


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. At the Cisneros Project the Company has
conducted extensive geochemical and geophysical programs over the entire
property and has identified to date eleven (11) exploration zones. On the
original discovery zone it has drilled over 43,000 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

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 

This news release may contain certain forward-looking information, including the
statement about expected timing of appointment for a new President and Chief
Executive Officer. All statements included herein, other than statements of
historical fact, is forward-looking information and such information involves
various risks and uncertainties. There can be no assurance that such information
will prove to be accurate, and actual results and future events could differ
materially from those anticipated in such information. The Company does not
undertake to update any forward-looking information except in accordance with
applicable securities laws.


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

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