CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - Antioquia Gold Inc. ("Antioquia Gold" or the "Company") (TSX VENTURE:AGD) (OTCQX:AGDXF) is pleased to announce that it has appointed Fernando Jaramillo Escobar as a Director of the Company effective February 27, 2013. Mr. Jaramillo will be appointed as President and Chief Executive Officer effective April 1, 2013. The appointment is subject to the finalization of a formal contract and any applicable regulatory approval.
Fernando Jaramillo Escobar is a resident of Colombia and is a civil engineer with thirty-five years of experience including executive and senior management roles in the oil and gas industry, mine operation and engineering. Mr. Jaramillo held senior roles with BP including President and Business Unit Leader of BP Exploration Colombia, President and Regional Director of Latin America with BP Mexico and Head of Audit and Risk Management for E&P worldwide with BP Corporate London. Prior to his employment with BP, he held senior roles with Billiton and Shell Companies in Colombia and the Netherlands, as well as Oleoducto de Colombia and Exxon Group of Companies in Colombia. He is fluent in English and Spanish. He is a founding shareholder of Antioquia Gold and has been a Legal Representative of the Company's branch in Colombia since 2008.
Mr. Jaramillo replaces Richard Thibault who has returned to his consulting business but has agreed to stay on in an advisory capacity through the transition period and will be entering into a 12 month consulting agreement, on an as-needed basis, subject to TSXV approval.
The Company also advises that it has not renewed contracts for 2013 with investor relations firms previously retained - CHF Investor Relations, Resources Awareness LLC (formerly Contrary Investor's Cafe) and eResearch Corporation.