AGD Antioquia Gold Inc

Antioquia Gold Inc. ("Antioquia Gold" or "the Company") (TSX VENTURE:AGD)
(OTCQX:AGDXF) announces a non-brokered private placement for aggregate gross
proceeds of up to $3,000,000 via the issuance of units (the "Units") at $0.17
per Unit (the "Offering"). Each Unit will be comprised 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
$0.30 per share for a period of six (6) months from the date of issuance. The
Company may pay a finder's fee in connection with this transaction. The cash
proceeds will be added to working capital and thereby used to fund the 2012
fourth quarter drilling program at Cisneros. 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.
The Company has a land package of 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 kilometers 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 11 exploration zones. On the original
discovery zone it has drilled over 40,000 meters 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.

Richard Thibault, President & CEO

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.

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