Mr. Richard Adams reports

HIGHVISTA GOLD INC. COMPLETES $963,000 FINANCING AND ENTERS INTO OPTION AND JOINT VENTURE AGREEMENT

Highvista Gold Inc. has closed a non-brokered private placement financing for gross proceeds of $963,000 through the issuance of 4,815,000 units of the company to AuRico Gold Inc. at a price of 20 cents per unit. Each unit consists of one common share of the company and one-half of one common share purchase warrant, each whole warrant entitling AuRico Gold to purchase one common share at an exercise price of 25 cents per share until June 28, 2015. The securities comprising the units are subject to a statutory hold period that will expire on Oct. 29, 2013.

"We are pleased to have AuRico Gold as a partner and investor," stated Rick Adams, president and chief executive officer of Highvista. "With their proven exploration and development expertise, strong corporate balance sheet, and close proximity to our Canasta Dorada project, we believe this strategic partnership will be mutually beneficial going forward."

The company plans to use the net proceeds from the private placement to finance exploration of the company's properties, for administrative expenses and for unallocated working capital.

Prior to the completion of the private placement, AuRico Gold did not beneficially own or exercise control or direction over any securities of the company. Following completion of the private placement, AuRico Gold beneficially owns 4,815,000 common shares of the company and 2,407,500 warrants. This represents approximately 12.07 per cent of the issued and outstanding common shares of the company on an undiluted basis, or approximately 17.08 per cent on a partially diluted basis, assuming full exercise of the 2,407,500 warrants and no other party exercises warrants or options of the company. The private placement was a private transaction outside of any market or other facility. The units were acquired by AuRico Gold in connection with the entering into of the option and joint venture agreement (as defined herein) and for investment purposes. The subscription agreement dated June 28, 2013, between AuRico Gold and the company provides AuRico Gold with a right to participate pro rata in any subsequent offering of common shares or securities exchangeable for or convertible into common shares of the company for a period of three years, provided AuRico Gold holds, directly or indirectly, common shares of the company, which equal at least 8 per cent of the issued and outstanding common shares of the company on a non-diluted basis. AuRico Gold may, in the future, increase or decrease its ownership of securities in the company, from time to time depending upon the business and prospects of the company and future market conditions.

In addition to the private placement, the company also entered into an option and joint venture agreement with AuRico Gold over the El Chanate extension comprising approximately 30 per cent of the company's Canasta Dorada gold project. The option and JV agreement grants AuRico Gold the option to earn a 51-per-cent undivided interest in the El Chanate extension currently owned by the company's Mexican subsidiary by incurring an aggregate of $3-million in exploration expenditures on the subject property over the next three years. AuRico Gold can earn a further 19-per-cent interest in the joint venture (bringing its aggregate interest to 70 per cent) by financing the preparation of a feasibility study on the subject property. Further work programs of the joint venture will be financed by AuRico Gold and Highvista pro rata to their joint venture interest, subject to customary dilution provisions.

We seek Safe Harbor.