Colombia Crest Appoints Thomas Pladsen as CEO and Strengthens Board of Directors

VANCOUVER December 19, 2018 - Colombia Crest Gold Corp. (“Colombia Crest”) (TSXV:CLB) is pleased to report that Thomas Pladsen has been appointed Chief Executive Officer of Colombia Crest replacing Walter Lienhard, the interim CEO. Mr. Pladsen has held senior management position with companies involved in gold and copper exploration and development in Canada, Mexico, South America and Africa. Recently, he was the Chief Financial Officer of Atacama Pacific Gold Corporation, which was sold in July 2018 to Rio2 Limited.

Further, at the recent Colombia Crest Annual and Special Meeting of Shareholders, Thomas Pladsen and Robert Suttie were elected to the board of directors of Colombia Crest. Mr. Suttie has significant experience with junior explorers, having been the CFO for numerous TSXV-listed companies. Currently, Mr. Suttie is Vice President at Marrelli Support Services Inc. where he specializes in management advisory, accounting and financial disclosure.

About Colombia Crest Gold Corp.

Colombia Crest Gold Corp. is a minerals exploration company focused on the acquisition, exploration and development of projects in the Americas.

On behalf of Columbia Crest Gold Corp.

Carl Hansen, Chairman

For more information, please contact:

Thomas Pladsen, CEO E-mail: [email protected]

Forward-Looking Statements

This news release contains forward-looking statements, including predictions, projections and forecasts and in particular, statements in regards to the completion of and related timing of filing of the Documents are considered Forward Looking Statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Colombia Crest to be materially different from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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