Antioquia Gold Reprices Private Placement

Antioquia Gold Inc. ("Antioquia Gold") (TSX VENTURE:AGD)(OTCQX:AGDXF) announces
that due to the current market condition, it has repriced the original financing
announced on September 17, 2012 from a price of $0.17 to $0.12 per unit.


The non-brokered private placement will raise aggregate gross proceeds of up to
$3,000,000 via the issuance of units (the "Units") at $0.12 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 $0.25
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 and
has accumulated a land package of close to 40,000 hectares located throughout
Colombia. Antioquia Gold's principal asset, which is being actively explored, is
its 5,630 hectare Cisneros Project, located 55 kilometres 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 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. 

Richard Thibault, President & CEO

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


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