Mr. Michael Mills reports

BATERO GOLD CORP. APPOINTS JUAN DAVID URIBE AS CHAIRMAN

Juan David Uribe has been appointed chairman of Batero Gold Corp.'s board of directors. Mr. Uribe is currently a director of Batero Gold Corp. Additionally, the board of directors has appointed Alvaro Espinoza as executive vice-president of Batero Gold Corp. Both appointments take effect immediately.

"I am looking forward to bringing my significant Colombian mining and business experience to Batero in the newly created position of chairman of the board of directors," stated Mr. Uribe. "Mr. Espinoza's achievements in mining and mining finance will be an asset to Batero as the company continues to seek accretive acquisitions with our strong treasury position and move the company towards production decisions. We have been working with Red Eagle to determine the next steps regarding managing CB Gold and the Vetas deposit.

"Batero continues to advance the La Cumbre deposit with the goal of commencing an exploration drilling program in December, 2015. Logan Drilling has been contracted for 3,000 metres of diamond drilling, and the program is aligned with the exploitation and exploration program approved by Administrative Act PARMZ 605 of Oct. 9, 2015, by the National Mining Agency."

Batero's commitment to social responsibility continues with joint programs in the Quinchia area with the participation of CIDA (Canadian Agency for International Development) and IOM (International Organization for Migration).

We seek Safe Harbor.