The TSX Venture Exchange has accepted for filing documentation pertaining to a court-approved plan of arrangement between Castillian Resources Corp. and Ridgemont Iron Ore Corp., whereby Castillian has acquired all of the issued and outstanding common shares of Ridgemont at an exchange ratio of 0.593 of a Castillian common share for each Ridgemont common share. The arrangement was approved by Ridgemont shareholders on June 24, 2013, and received final court approval on June 25, 2013.

Pursuant to the arrangement, Castillian will issue approximately 55.0 million common shares to the former shareholders of Ridgemont. Each Ridgemont shareholder will receive Castillian shares in exchange for the Ridgemont shares held on the basis of 0.593 Castillian share for each Ridgemont share held.

Capitalization:  unlimited shares with no par value of which 130,531,200 shares are issued and outstanding

Escrow:  889,500 shares

Transfer agent:  Equity Financial Trust Company

Old symbols:  CT, RDG

New symbol:  COD

New Cusip No.:  19046T102

For further information, please refer to Castillian's news releases dated May 3, 2013, and June 25, 2013.

Pursuant to a resolution passed by shareholders June 25, 2013, the company will change its name as follows. There is no consolidation of capital.

Effective at the opening on Friday, June 28, 2013, the common shares of Coastal Gold Corp. will commence trading on the TSX Venture Exchange and the common shares of Castillian Resources Corp. will be delisted. The company is classified as an exploration/development company.

Effective at the close of business Friday, June 28, 2013, the common shares of Ridgemont Iron Ore will be delisted from the TSX-V as a result of the arrangement.