Mining in Colombia with Social and Environmental Committments

  • TSX-V: AGD $0.02
  • OTCQX: AGDXF $0.02

News

September 23, 2009
Antioquia Gold Announces Stock Options Granted Under Existing Plan

September 23, 2009, Calgary, Alberta: Antioquia Gold Inc. (TSX-V: AGD) has granted, subject to TSX-V approval, options to acquire a total of 1,289,780 common shares of AGD, at an exercise price of $0.30 per share, in accordance with the existing stock option plan.

The above total includes 868,350 options granted to directors, officers and Colombia consultants, which vest immediately and expire September 22, 2012.

eResearch Corporation, an investor relations consultant, was granted options to acquire 71,430 common shares of AGD, with ¼ of the options vesting on the first day of each quarter of the first year, expiring if unexercised on July 31, 2011.

Michael Baybak and Company, Inc., an investor relations consultant, was granted options to acquire 350,000 common shares of AGD, and shall vest in four installments of 87,500 options, with the first installment vesting on December 1, 2009 and with each subsequent vesting installment vesting quarterly thereafter, and expiring if unexercised on August 31, 2012.

AGD is a Calgary based mineral exploration company focused on searching out precious metals and other mineral opportunities in Colombia. AGD's principal asset is its Cisneros Project, located 70 kilometers northeast of Medellin in the Department of Antioquia, Colombia.

Caution regarding forward looking information

This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of AGD to be materially different from actual future results and achievements expressed or implied by such forward looking statements. . Actual results can differ materially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of AGD and its management. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. Readers are also advised to consider such forwardlooking statements while considering the risks involved.


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

Rick Thibault, President
Antioquia Gold Inc.
484-319-7807
Email:

Robert James, Chief Financial Officer
Antioquia Gold Inc.
403-630-5917


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.