Batero Gold Announces Management Changes

Batero Gold Corp. ("Batero", or the "Company") (TSX VENTURE:BAT) is pleased to
announce certain changes in management with the appointment of Mr. Juan David
Uribe as Interim President and CEO and the appointment of Mr. Jorge Torres as
Chief Financial Officer. The management changes are effective January 2nd 2014.
Mr. Juan David Uribe is currently a director of Batero Gold and one of the
founding shareholders of the Company. Mr. Uribe is a Senior Partner of the law
firm of Uribe Trias Valencia S.A.S., practicing mainly in the natural resource
and corporate law sectors in Latin America. Previously, Mr. Uribe served as
Corporate Counsel for TVX Colombia, Newcrest, Philips Corporation, Hewlett
Packard Company and Agilent Technologies, among other multinational corporations
with a presence in Colombia. For more than ten years, Mr Uribe was an executive
in the Colombian Financial sector working as a Board Member of QBE Insurance
Company, Senior Credit VP of Banco Latino, Colombia, and as National Credit
Manager of Caja de Credito Agrario Industrial y Minero, among others.


Mr. Felix Navarro-Grau, director of Batero Gold stated, "On behalf of the board
I welcome Mr. Uribe in his expanded role as Interim President and CEO. Mr.
Uribe's experience in mining and exploration in Colombia will be an asset for
Batero Gold. Additionally, I would like to thank Darryl Lindsay for his services
as Interim CEO, Chief Operating Officer and Senior Vice-President and his work
to define the Batero-Quinchia project from exploration through resource
definition and completion of the recent Preliminary Economic Assessment. Mr.
Lindsay's management of the project and work in the community has assisted in
rapidly advancing the project."


Mr. Lindsay remains as a director of the Company. An executive search is ongoing
for a President and Chief Executive Officer.


Mr. Torres has worked in financial positions with numerous companies including
AngloGold Ashanti, Colombia S.A.S as well as the Ministerio de la Proteccion
Social in Colombia. Mr. Torres holds a Business Administration degree from
Corporacion Unificada de Educacion Superior in Bogota as well as a Public
Accounting designation from Universidad La Gran Colombia in Bogota.


Mr. Uribe, Director and Interim CEO of Batero Gold stated, "On behalf of the
board, I would like to thank Darren Tindale for his services as Chief Financial
Officer and diligent work to dramatically reduce the cost structure and burn
rate of the company at this time. We welcome Jorge Torres to the Batero team and
his significant experience in Colombia will be an asset to Batero Gold."


Batero today remains in a strong cash position with a dramatically reduced cost
structure which provides opportunity for acquisitions and the capability of
moving the Batero-Quinchia project forward in today's challenging capital
markets.


ON BEHALF OF THE BOARD OF BATERO GOLD CORP.

Juan David Uribe

Interim CEO / Director

Batero Gold Corporation

ABOUT BATERO GOLD 

Batero Gold Corp. is a precious and base metals exploration and development
Company. The Company is focused on two primary objectives. The first of these
objectives is the advancement of the La Cumbre oxide deposit. La Cumbre is
located within the Company's 100% owned Batero-Quinchia Gold Project, which sits
within Colombia's emerging and prolific Mid Cauca gold and copper belt. Batero
is moving the La Cumbre oxide deposit towards the goal of making a production
decision, once the appropriate level of study has been completed, and intends to
first target the near and at surface higher grade oxidized gold mineralization
at the deposit. Batero's second objective is to pursue opportunities to acquire
prospective high-grade, production focused mineral properties in Colombia. In
pursuing both these objectives, Batero plans to leverage its secure treasury
position, strong regional relationships, experienced management team, and
long-term financial partners. Shares of the Vancouver-based company trade on the
Toronto Venture Exchange under the symbol BAT.


FORWARD LOOKING STATEMENTS 

Certain of the statements and information in this press release constitute
"forward-looking statements" or "forward-looking information" Any statements or
information that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future
events or performance (often, but not always, using words or phrases such as
"expects", "anticipates", "believes", "plans", "estimates", "intends",
"targets", "goals", "forecasts", "objectives", "potential" or variations thereof
or stating that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved, or the negative of any of
these terms and similar expressions) are not statements of historical fact and
may be forward-looking statements or information.


Forward-looking statements or information relate to, among other things:
developing the most efficient and cost-effective leach processing circuit for
the Cumbre gold deposit, the timing and scope of expected diamond drilling;
resource estimate, grades on the Batero-Quinchia project; scope of
mineralization within the Batero-Quinchia project; timing of receipt of permits
and regulatory approvals; the sufficiency of the Company's capital to finance
the Company's operations; geological interpretations and potential mineral
recovery processes.


Forward-looking statements or information are subject to a variety of known and
unknown risks, uncertainties and other factors that could cause actual events or
results to differ from those reflected in the forward-looking statements or
information, including, without limitation, risks relating to: fluctuations in
the spot and forward price of gold or certain other commodities; changes in
national and local government legislation, taxation, controls, regulations and
political or economic developments in Canada, Colombia or other countries in
which the Company may carry on business in the future; the uncertainties
involved in interpreting geological data; business opportunities that may be
presented to, or pursued by, the Company; operating or technical difficulties in
connection with mining activities; the speculative nature of gold exploration
and development, including the risks of obtaining necessary licenses and
permits; diminishing quantities or grades of reserves; and contests over title
to properties, particularly title to undeveloped properties. In addition, there
are risks and hazards associated with the business of gold exploration,
development and mining, including environmental hazards, industrial accidents,
unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion
losses (and the risk of inadequate insurance, or the inability to obtain
insurance, to cover these risks).


This list is not exhaustive of the factors that may affect any of the Company's
forward-looking statements or information. Forward-looking statements or
information are statements about the future and are inherently uncertain, and
actual achievements of the Company or other future events or conditions may
differ materially from those reflected in the forward-looking statements or
information due to a variety of risks, uncertainties and other factors,
including, without limitation, those referred to in the Company's Filing
Statement dated as of June 22, 2010 under the heading "Risk Factors". Although
the Company has attempted to identify important factors that could cause actual
results to differ materially, there may be other factors that cause results not
to be as anticipated, estimated, described or intended. Accordingly, readers
should not place undue reliance on forward-looking statements or information.


The Company's forward-looking statements and information are based on the
assumptions, beliefs, expectations and opinions of management as of the date of
this press release, and other than as required by applicable securities laws,
the Company does not assume any obligation to update forward-looking statements
and information if circumstances or management's assumptions, beliefs,
expectations or opinions should change, or changes in any other events affecting
such statements or information. For the reasons set forth above, investors
should not place undue reliance on forward-looking statements and information.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Batero Gold Corp.
604.568.6378
[e-mail]