CALGARY, ALBERTA–(Marketwired – May 27, 2016) – Antioquia Gold Inc. (“Antioquia” or the “Company”) (TSX VENTURE:AGD) announces further to its press release dated May 18, 2016, the Company has agreed with Infinita Prosperidad Minera SAC (formerly Desafio Minero) (“Infinita”) to not proceed with the previously announced shares for debt transaction. The Company will continue to focus on the development of its core Cisneros project and the Company will review alternative financing options.

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