Colombia Crest Gold Corp. announces Stock Consolidation

March 27, 2018 - VANCOUVER, BRITISH COLUMBIA: Colombia Crest Gold Corp. (the "Company") (TSX-V:CLB; Pink Sheets: ECRTF; Frankfurt: EAT) announces that it intends to consolidate its common shares on a 10 old for 1 new share basis (the "Consolidation"), which Consolidation was approved by the Company’s shareholders at the Company’s annual general meeting held on March 25, 2014.

There are presently 96,088,289 common shares of the Company issued and outstanding. After giving effect to the proposed Consolidation, there will be 9,608,829 common shares issued and outstanding. The Consolidation will take effect on or about April 13, 2018, or such other date approved by the TSX-V.

About Colombia Crest Gold Corp.

The Company is a minerals exploration company focused on the acquisition, development and monetization of projects throughout the Americas.

On behalf of Columbia Crest Gold Corp.

William Jung, CFO

For more information contact:

Email: [email protected] (604) 684-7160

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

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