Highvista Gold Inc. Files Third Quarter Financials and Advises on Status of Secured Promissory Note

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Highvista Gold Inc. ("Highvista" or the "Company") (TSX VENTURE:HVV) reports
that it has released its unaudited condensed interim consolidated financial
statements for the three and nine months ended December 31, 2013 and the related
management's discussion and analysis of financial position and results of
operations ("MD&A"). 


As of December 31, 2013, the Company had cash and cash equivalents of $431,292
to settle current liabilities of $599,981, including $523,255 due to Norvista
pursuant to a secured promissory note. The note is currently in default and on
March 3, 2014, Norvista indicated that it intends to accelerate the repayment of
the loan, which matures on April 30, 2014 and amongst other possibilities,
realize on its security interest over certain assets of the Company. 


The Company is considering its options, which may include attempting restructure
of the debt with Norvista or negotiating with Norvista for the surrender of
certain assets of the Company in satisfaction of the secured debt.


There can be no assurance that the Company will be able to reach a satisfactory
agreement with Norvista. 


About Highvista

Highvista owns 100% of a Mexican subsidiary that controls the 24,215 hectare
Canasta Dorada Gold Project. This project is located in the Sonoran Gold Belt
immediately adjacent to AuRico Gold's El Chanate Mine. Details of Highvista's
Canasta Dorada Project can be viewed at the Company's website at
www.highvistagold.com.


READER ADVISORY

Statements in this press release may contain forward-looking information
including, but not limited to, statements with respect to the Company's proposed
drill program. Information concerning mineral resource estimates and the
interpretation of exploration results may also be considered forward-looking
statements as such information constitutes a prediction of what mineralization
might be found to be present if and when a project is actually developed. Any
statements that are contained in this press release that are not statements of
historical fact may be deemed to be forward looking statements. The reader is
cautioned that assumptions used in the preparation of any forward-looking
information may prove to be incorrect, including but not limited to, the ability
of the Corporation to raise sufficient capital to pay the exploration and
development costs on the properties, the availability of skilled labour,
availability of equipment, and future capital and operating costs. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. Factors that
could cause actual results to differ materially from any forward-looking
information include, but are not limited to, the unavailability of sufficient
capital to pay for proposed exploration and development, the risks of capital
and operating costs varying significantly from estimates, delays in obtaining or
failures to obtain required governmental, environmental or other project
approvals, inflation, commodity price and exchange rate fluctuations, the
uncertainty of estimates and projections relating to production, health, safety
and environmental risks, delays in the development of projects, uncertainties
relating to the interpretation of the geology, unanticipated operational or
technical difficulties and other factors. The reader is cautioned not to place
undue reliance on any forward-looking information. Such information, although
considered reasonable by management at the time of preparation, may prove to be
incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this press release are expressly
qualified by this cautionary statement.


The forward-looking statements contained in this press release are made as of
the date of this press release, and the Company does not undertake any
obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise,
except as expressly required by securities law.


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL
ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES
HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES
ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR
SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT
THEREFROM.


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 PRESS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Highvista Gold Inc.
Richard Adams
President and CEO
[phone]
[phone] (FAX)
www.highvistagold.com