Ms. Anna Stylianides reports

ECO ORO MINERALS RESPONDS TO COMMUNICATION OF COLOMBIAN CONSTITUTIONAL COURT

The Colombian Constitutional Court has issued communication No. 4 of 2016 dated Feb. 8, 2016. The communication informs the public that certain provisions of law 1753, 2015, known as the national development plan, are unconstitutional. The national development plan, among other things, defines the existence of areas that may be excluded from mining activities, including paramo ecosystems. While the communication is indicative of what the ruling may state, the court has yet to formally issue its ruling in accordance with applicable statutes.

Eco Oro will await the Constitutional Court's ruling, which is expected to take up to three months, and will not comment on the substance of Colombian media reports or the communication until such time as the ruling is formally issued and notified. The company will work with its advisers to assess the potential impact of the ruling on Eco Oro and its assets. As significant developments occur and further information becomes available, Eco Oro will provide updates by way of news release. In the meantime, any views regarding the impact of the Constitutional Court's ruling on Eco Oro or its assets should be regarded as speculative. To the extent that there is any prejudice to Eco Oro or its assets, the company will take all steps necessary to protect its legal rights.

We seek Safe Harbor.