Ecrtf: Pink Sheets Colombia Crest Gold Announces Amendment to Private Placement Financing

June
24,
2013
 CLB:
TSX.VENTURE NEWS
RELEASE
 EAT:
FE.FRANKFURT
 ECRTF:
PINK
SHEETS


COLOMBIA
CREST
GOLD
ANNOUNCES
AMENDMENT
TO
PRIVATE
PLACEMENT
FINANCING



June
24,
2013.
 
VANCOUVER,
BC
‐
Colombia
Crest
 Gold
Corp.
(“Colombia
Crest”;
the
“Company”)
(TSX‐V:
 CLB;
 Pink
Sheets:
 ECRTF;
Frankfurt:
 EAT)
reports
that
the
non‐brokered
private
placement
of
units
(each
a “Unit”)
announced
on
June
4,
2013
and
conditionally
accepted
by
the
TSX
Venture
Exchange
on
June
7,
2013, to
raise
gross
proceeds
of
$281,000,
has
been
re‐priced
to
$0.015
per
Unit.

Each
Unit
will
be
comprised
of
one common
share
and
one
transferable
share
purchase
warrant.

Each
warrant
will
entitle
the
holder
to
purchase one
additional
common
share
at
the
price
of
$0.05
for
one
year
after
Closing,
$0.10
during
the
second
year after
Closing
and
$0.15
during
the
third
year
after
Closing.

Proceeds
from
the
financing
will
be
used
for
the
purposes
set
out
in
the
Company’s
June
4,
2013
release.

The Company
has
agreed
to
pay
finders’
fees
in
respect
of
a
portion
of
the
financing
in
accordance
with
the
policies of
the
TSX
Venture
Exchange.

The
proposed
private
placement
and
finder’s
fees
are
subject
to
TSX
Venture Exchange
 acceptance.
 
 All
 shares
 issued
 pursuant
 to
 the
 offering,
 and
 any
 shares
 issued
 pursuant
 to
 the exercise
of
warrants
will
be
subject
to
a
four‐month
hold
period
from
the
Closing
date.

About
Colombia
Crest
Gold
Corp.


Colombia
Crest
Gold
Corp.
is
focused
on
systematically
exploring,
developing
and
monetizing
promising
new gold
projects
in
Colombia.

The
Company
is
currently
carrying
on
exploration
programs
at
the
Fredonia
and Venecia
projects
where
it
has
optioned
over
15,000
hectares
located
approximately
40
km
south
of
the
city
of Medellín,
in
Antioquia
Province.

The
properties
are
positioned
within
the
Middle
Cauca
Belt,
the
most
prolific gold
belt
in
Colombia
with
more
than
500
years
of
gold
mining
history
and
several
new
gold
discoveries.

If
 you
 would
 prefer
 to
 receive
 news
 releases
 via
 email
 please
 contact
 Colombia
 Crest
 ([email protected])
and
specify
“Colombia
Crest
news”
in
the
subject
line.


For
more
information,
please
contact:


Hans
Rasmussen
 Chelsea
Jones

President
and
CEO
 Corporate
Communications


Office:
604‐684‐7160

 
 Cellular:
604‐354‐2435 Cellular:
801‐554‐2074
 
 E‐mail:
[email protected] E‐mail:
[email protected]

Please
visit
the
Company’s
website
at
www.ColombiaCrestGold.com.