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Antioquia Announces Suspension of Shares for Debt Transaction

May 27, 2016 - Calgary, Alberta: Antioquia Gold Inc. ("Antioquia" or the "Company") (TSXV: "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.

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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