Ethos Cancels Stock Options

Suite 680 – 789 West Pender Street, Vancouver, BC V6C 1H2

For Immediate Release TSX-V: ECC

ETHOS CANCELS STOCK OPTIONS

Vancouver, BC - December 19, 2012 Ethos Gold Corp. (the "Company" or "Ethos") (TSX-V: ECC) announces a total of 1,590,000 incentive stock options, under its Share Option Plan, which were granted to certain employees, consultants and directors of the Company have been cancelled. 100,000 of the incentive stock options were priced at $0.90, 750,000 were priced at $0.93 and 740,000 were priced at $1.15. The optionees agreed to the Company’s request to voluntarily and unconditionally cancel the stock options.

For additional information please contact Gary Freeman or Fred Leigh at 604-682-4750.

Ethos Gold Corp.

Per:

“Gary Freeman”

Gary Freeman, President & CEO

Neither the 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.